Target Value Design

Dictionary
Digital Construction (electrical)

term introduced first in PAS 1192 and updated in ISO 19650 framework, it depicts the process of specifying and delivery of project and asset information

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forms a framework that supports informed and consistent decision making by project teams, at each work stage, helping to deliver agreed and reliable information.

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Exchange Information Requirements (EIR) term introduced by BS EN 19650 replace the PAS 1192 term Employer Information Requirements (EIR) on all projects where BS EN ISO 19650 compliance is required.

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The term introduced by ISO 19650 typically describes the Tier 1 Main Contractor.

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breakdown structure to help plan the production of information

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schedule of information containers and delivery dates, for a specific task team

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An MPDT its old PAS 1192 term, the MPDT defines who produces what, when and to what level of detail.

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Target Value Designs (TVD) focus is on reducing the cost of a project without reducing the quality of the end product or extending the timetable. The team sets a cost target for the design and construction, which is usually the current estimate. TVD aims to achieve this goal by defining costs as a design limitation and not as a result of design. [1]

TVD process was created in the 1930s when manufacturers used it to reduce their production costs so that their final product would be in line with market prices. The TVD process continually optimizes the design to achieve the desired end product without running out of time or cost.

1 Terry Werth …’Using target value design: a short introduction‘… Accessed 03/04/2021

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