Driving better social, environmental and economic outcomes through value-based decision making.
Developed in partnership with over 200 experts from across government and industry, the Value Toolkit is a government backed initiative designed to change the way the construction industry thinks about and measures value.
The Construction Innovation Hub has invited clients and practitioners to test the Value Toolkit’s process and suite of tools on live projects and programmes, between May and October 2021.
Places for the testing programme are now closed. We have received great levels of interest with numerous early implementers signed up to be part of the pilot phase. If you’d like to be part of our dedicated Value Toolkit community and kept posted on the progress of the initiative, please sign up for updates.
By embracing the Value Toolkit, we can make balanced, informed decisions, maximising the impact of our investments in the built environment.
What is the Value Toolkit?
The Value Toolkit offers clients a structured approach for value-based decision making across the investment lifecycle of a project, programme or portfolio. This means better outcomes from what we deliver and how we deliver it, leading to a more sustainable built environment and a more sustainable model for our industry.
Read the overview document now to learn more about the Value Toolkit.
- Optimise the social, environmental and economic outcomes from your projects, programmes and portfolios, tackling difficult questions head on, and making more balanced, informed investment decisions
- Get a deeper understanding of value and demonstrate the delivery of broader outcomes beyond traditional cost, time and quality
- Keep up to date with global best practice and align with national policy priorities set up in the Construction Playbook and Treasury’s Green Book
Integrated Process
The Value Toolkit sets out a series of integrated activities which support value-based decision making. It gives policy makers and clients a deep understanding of value and enables them to optimise outcomes. The Toolkit has five interlinked streams: Value Definition, Client Approach, Risk, Measurement & Evaluation and Appointments. These are not isolated streams, but involve interaction, iteration and continuous review. Within each of these streams of the Value Toolkit there are steps, deliverables and decision points.
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Join the Value Toolkit Community
We have the opportunity to improve the future delivery and performance of our nation’s infrastructure by transforming how key decisions are made – by Government, our construction sector and procurers – through a move towards value-based decision making. Stay informed on the latest news about the Value Toolkit, sent directly to you.
News and Events
Evangelism in construction
The beginning of October saw the welcome return of UK Construction Week, and it was an absolute delight to spend the three days of the show at the NEC soaking up the reunion-like atmosphere. Old acquaintances refreshed, some colleagues met in the flesh for the first...
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Platform Rulebook: Defining the direction of a platform-based future
Platform construction systems are by no means a new topic of conversation in the construction sector. As a key evolution of modern methods of construction (MMC) and Design for Manufacture and Assembly (DfMA), significant voices across government and industry have been...
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BS EN ISO 19650-5:2020: Supporting a secure future for digital construction
One of the key drivers of the Construction Innovation Hub’s mission is to quicken the pace towards greater digitalisation in the construction industry. In recent years, the UK’s built environment has undergone a notable shift towards digitally enabled collaboration,...
read more#ValueToolkit
Using @CIH_HUB’s #ValueToolkit as a case study, New Foundations report by @CBItweets urges the acceleration of the take-up of the Construction Playbook. Read the full report here: https://www.cbi.org.uk/media/7330/cbi-new-foundations-report-october-2021.pdf @CBI_Inf
🖱️ The Hub's Value Toolkit Integrated Project Lead @EllieRTJenkins will be sharing progress and developments on the #ValueToolkit at the annual @ACE_Updates Wales Conference on 10 November.
The event will be hosted virtually, register today:
👉 https://bit.ly/3vybu2i 👈
We’re delighted with the @CBItweets’ New Foundations report, which recognises that “the #ValueToolkit’s role in creating and embedding a shared definition of value in the #construction industry should not be underestimated.”
Read the full report ➡️ https://www.cbi.org.uk/media/7330/cbi-new-foundations-report-october-2021.pdf
#ValueToolkit integrated project lead, Ellie Jenkins, on the importance of the Transforming Infrastructure Performance: Roadmap to 2030 & the role that the #ValueToolkit will play in achieving it.
https://orlo.uk/FFRzm
#TransformingInfrastructure #RoadmapTo2030 @Akerlof_MMC
Hear from Keith Waller, Programme Director for the @CIH_HUB on the newly published Transforming Infrastructure Performance (TIP) Roadmap and pipeline to 2030.
https://orlo.uk/BfOLa
#TransformingConstruction #TransformingInfrastructure #RoadmapTo2030 #ValueToolkit
Hear from Keith Waller, Programme Director for the @CIH_HUB on the newly published Transforming Infrastructure Performance (TIP) Roadmap and pipeline to 2030.
https://orlo.uk/BfOLa
#TransformingConstruction #TransformingInfrastructure #RoadmapTo2030 #ValueToolkit
TIP Roadmap to 2030: Find out how programme director Keith Waller thinks this will present a clear and compelling vision for the next decade.
https://orlo.uk/w7iHt
#TransformingConstruction #TransformingInfrastructure #RoadmapTo2030 #ValueToolkit
RT @gov_procurement "RT @IGPP_: We close #SIC2021 with a panel discussion on the @CIH_HUB #ValueToolkit.
@AnnBentleyRLB @rlbamericas, @EllieRTJenkins @Akerlof_MMC & Stuart D'Henin @gov_procurement, discuss how to drive better social, environmental, … "
Contributors
