Journal of Financial Management of Property and Construction: Volume 16 Issue 1

Value theory in lean construction

Jose Salvatierra‐Garrido, Christine Pasquire

The purpose of this paper is to investigate the common perspective of value for lean construction (LC) researchers and practitioners. Thus, this paper aims to generate a future…

The way towards cooperative project delivery

Ailke Heidemann, Fritz Gehbauer

Lean construction enhances cooperative project delivery with a focus on customer needs and the optimization of the project as a whole rather than pieces during the design phase…

Head contractor role in construction value‐based management: Australian building industry experience

Salinda Perera, Steven Davis, Marton Marosszeky

Value in construction is defined in so many ways and used to mean many different things, often linked to cost, time, objectives and customers that there exists no concise and…

Motivation and incentives in relational contracts

Joel W. Darrington, Gregory A. Howell

Lean projects seek to optimise the project rather than its parts and to maximize value to the customer. To better align the behaviour of project participants with a Lean project…

Target costing and designing to targets in construction

Ari Pennanen, Glenn Ballard, Yrjänä Haahtela

Target costing determines the cost of a building before design. The cost of the product is based on the customer's requirements for the product's performance and the customer's…

Applying lean thinking in commercial management

Daria Zimina, Christine L. Pasquire

The purpose of this paper is to develop two hypotheses explaining the role of commercial management in the lean business model: lean construction is a viable choice of commercial…

Value‐driven purchasing of kitchen cabinets in industrialised housing

Louise Bildsten, Anders Björnfot, Erik Sandberg

The purpose of this paper is to hypothesize that value‐driven purchasing of customized kitchen cabinets is more profitable than market‐driven purchasing in industrialised housing…

Commercial aspects of lean construction

Christine Pasquire, Glenn Ballard

A new company descriptor takes us into a new era

Rebecca Marsh

Special Anniversary Greetings from Editors

Akintola Akintoye, Jim Birnie