{"id":86381,"date":"2020-12-09T08:57:38","date_gmt":"2020-12-09T08:57:38","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=86381"},"modified":"2020-12-09T08:57:38","modified_gmt":"2020-12-09T08:57:38","slug":"value-toolkit","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/value-toolkit\/86381\/","title":{"rendered":"Interactive tool to help construction navigate value-based decisions"},"content":{"rendered":"<h2>The <a href=\"https:\/\/constructioninnovationhub.org.uk\/\" target=\"_blank\" rel=\"noopener noreferrer\">Construction Innovation Hub<\/a> has launched a new interactive tool to help clients navigate value-based decision-making, as it takes a step closer to releasing the Value Toolkit<\/h2>\n<p>The new interactive resource outlines the step-by-step journey through the three core modules of the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/construction-innovation-hub-value-toolkit\/79754\/\" target=\"_blank\" rel=\"noopener noreferrer\">Value Toolkit<\/a> \u2013 value definition, client &amp; market approach and evaluation &amp; measurement.<\/p>\n<h3>These include:<\/h3>\n<ul>\n<li><strong>The Value Definition module <\/strong>will facilitate a clear and consistent articulation of the value drivers which will underpin client decision-making;<\/li>\n<li>The <strong>Client &amp; Market Approach<\/strong> <strong>module<\/strong> will enable optimisation of delivery models and commercial strategies to maximise value and outcomes; and,<\/li>\n<li>The <strong>Evaluation &amp; Measurement module<\/strong> will help clients to develop a robust approach for evaluating options and measuring performance to support informed decision-making.<\/li>\n<\/ul>\n<p>A collaboration between the Construction Innovation Hub and experts across industry and government, the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/construction-value-toolkit\/78441\/\" target=\"_blank\" rel=\"noopener noreferrer\">Value Toolkit<\/a> is a new digital tool which will empower clients and policymakers to make outcome-led, better informed, value-based decisions.<\/p>\n<h3>\u2018Outcomes-focused approach\u2019<\/h3>\n<p>Construction Innovation Hub programme director, Keith Waller, said: \u201cThe launch of this new digital resource is a crucial step in the development of our Value Toolkit \u2013 a key element of our programme funded through UKRI&#8217;s Transforming Construction Challenge.<\/p>\n<p>\u201cIt takes us one step closer to the outcomes-focused approach mandated by Government in the new <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/playbook-boost-construction-productivity\/86364\/\" target=\"_blank\" rel=\"noopener noreferrer\">Construction Playbook<\/a> launched yesterday and the industry\u2019s own ambitions as laid out in the CLC Roadmap to Recovery.<\/p>\n<p>\u201cA fundamental switch to value-based decision-making will require a manifest change in both our thinking and practices.<\/p>\n<p>\u201cBy launching this digital interactive resource now, we want to ensure that when the Toolkit is formally launched in Spring of 2021, it can begin to deliver a positive impact as swiftly as possible.<\/p>\n<p>\u201cThe Value Toolkit is a shining example of what industry and Government can achieve by working together with a common purpose, even in the face of the many challenges we\u2019ve seen this year.\u201d<\/p>\n<p>Rory Kennedy director of capital, department for education &amp; Value Toolkit project board chair, added: \u201cThe Value Toolkit will play a vital role in ensuring that Government departments, including DfE achieve optimal outcomes from their investments in schools, hospitals and other critical buildings and infrastructure.<\/p>\n<p>\u201cThis uniquely collaborative programme is a prime example of what can be achieved when Government and industry work in partnership to <a href=\"https:\/\/www.pbctoday.co.uk\/news\/construction-technology-news\/transport-infrastructure-innovation\/85649\/\" target=\"_blank\" rel=\"noopener noreferrer\">drive innovation<\/a> and change\u201d.<\/p>\n<p>The final Value Toolkit will be launched in the Spring of 2021.<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The Construction Innovation Hub has launched a new interactive tool to help clients navigate value-based decision-making, as it takes a step closer to releasing the Value Toolkit.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[304],"tags":[676,688,276,579,780,273],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-86381","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-planning-construction-news","7":"tag-construction","8":"tag-digital-construction","9":"tag-government","10":"tag-infrastructure","11":"tag-collaboration","12":"tag-research-innovation"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Interactive tool to help construction navigate value-based decisions<\/title>\n<meta name=\"description\" content=\"The CIH has launched a new interactive tool to help clients navigate value-based decision-making, as it takes a step closer to releasing the Value Toolkit\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/value-toolkit\/86381\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"New interactive tool to help construction navigate value-based decision-making\" \/>\n<meta property=\"og:description\" content=\"The Construction Innovation Hub has launched a new interactive tool to help clients navigate value-based decision-making, as it takes a step closer to releasing the Value Toolkit\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/value-toolkit\/86381\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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