Value Driven Procurement in Building and Real Estate Sector (ValPro)

Research Project, 2009

Value Driven Procurement in Building and Real Estate Sector, SWE part of an Eracobuild-application, funded by Formas: 1 000 000 SEK.  The overall aim of the project was to improve the procurement processes within Real Estate and by that the client organizations capacity to add value for end users and society by shaping and delivering a built environment that meet actual needs. This was the Swedish part of an Eracobuild proposal "ValPro" aimed at developing concepts, methods and tools to support value-based procurement. Earlier research within the building sector has mainly focused on reducing the initial (investment) costs, rather than applying any comprehensive approaches for optimizing total facility life cycle values for owners, users and the society. This is partly due to lack of models, methods and tools for total life cycle value management, partly due to current business models and contractual frameworks that do not provide for innovation and novel value sharing schemes. Our /my contribution in the Eracobuild setting is competence in planning, briefing and procurement strategies for successful delivery of client’s goals, ICT applications as well as deep understanding of client organization practice. The project results aims to increase the value and performance in the innovation process involving building stakeholders throughout smart and innovative construction support ICT tools.