Value Management of Construction Projects, 2nd Edition

5Managing Value Study Teams

5.1 Introduction

A value study is typically an intervention during the inception, development and execution of a project built around different study styles. Study styles have been discussed in detail in Chapter 3 and are addressed further in Chapter 13. Any value study style will comprise the three key aspects of the Orientation and Diagnostics phase, involving fact-finding, preparation, the identification of value challenges, finalizing the study design and workshop planning; the Value Workshop phase, involving an intensive investigation of the project with the value team in a workshop environment; and the Implementation phase in which innovations are embedded in the project. Understanding, analysing and planning for team behaviour and dynamics is an important requirement in each of the three phases, and for the Value Study Leader (VSL) across all three phases. Important aspects of the value study methodology will typically take place in intensive workshop activity involving a value study team.

In the context of this chapter, a value study team could comprise one of the following:

• The client's internal team or an externally appointed project team, which comprises, depending on the procurement strategy, designers and constructors, supplier chain members, and important stakeholders, complemented by in-house client representatives. These will work under the leadership of the VSL.
• An externally appointed ‘shadow team’ of experts selected by and contracted ...