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Value Engineering as applied to the project definition phase/
Target and kaizen Costing Implementation in Construction
Gabriel R. T. Robert, et al (presented by Flavio Picchi)
The approach developed uses both target costing in the design phase with kaizen during the implementation phase. It starts with a statement of value from the final customer for the building. They used a survey approach to characterize the value of different aspects of the building. Achieved about a 10% reduction in costs compared with historical data. Costs were reduced during the implementation phase by 13% based on the adopted improvements from workers and subcontractors.
Initially, the subcontractors were skeptical about the kaizen costing exercise. They saw it as another way to squeeze them. However, once announced they would share the savings 50-50 with the subcontractors they got onboard.
? Guy Kawasaki wrote, "Less is the new more." Easy to learn: symmetry, seduction, subtraction, and sustainability. Very valuable to do. Step 1: Read Matt's book!! just 140 keystrokes.
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