The Construction Innovation Hub’s Value Toolkit has launched today and it marks a significant step towards the adoption of an outcome-based approach to delivery across the construction industry.
The Toolkit provides a much-needed suite of tools and processes which empower clients and policy makers to make informed, value-based decisions that will drive better social, economic and environmental outcomes.
WSP has played a leading role in the development of the Value Toolkit Client Approach, Risk and Measurement & Evaluation streams, and looks forward to engaging with the Toolkit over the coming months as a baseline for the development and application of an outcome-based approach to project and programme delivery.
Conor McCarthy, Associate Director, Infrastructure Procurement Advisory, said: “The Value Toolkit will provide a means for clients and industry to clearly articulate what is important in terms of value, and I’m immensely proud to have been involved in its development.
“This shift in focus will bring vast benefits to how clients and the supply chain engage. A focus on building collaborative delivery relationships based on clearly articulated client, value and risk profiles will increase the likelihood of successful outcome delivery from each investment in the built environment. As the Toolkit moves into its testing phase, we are eager to see the impact this has on project and programme delivery within the construction industry.
“Seeing the Value Toolkit team come together in such a collaborative way to develop this timely and empowering suite of tools and processes is a testament to how we can change our modus operandi and find new and innovative ways to deliver projects and assets together.”
The Value Toolkit was developed in partnership with over 200 experts from across government and industry and can be found here.