Construction and the built environment play a huge role in underpinning our society and economy. To unlock better societal outcomes, we need to take an informed view of value and not simply make decisions based on cost. 

Clients need to work with their stakeholders to consider how to unlock wider benefits throughout the construction project and the lifetime of the asset. Tools such as the Value Toolkit enable clients and design teams to take a more informed view of value across four capitals – Produced, Natural, Social and Human. 

Whilst value can mean something different to everyone, what it shouldn’t be is solely focused on cost. We are seeking projects that clearly demonstrate value-based decision making and the benefits in can bring. 

Judges are looking for projects that demonstrate: 

• A robust approach to defining value with buy-in from stakeholders leading to a clear definition of the outcomes and values the project is seeking to achieve. 

• A delivery team empowered to come up with the right solutions to deliver those outcomes. 

• Successful delivery against the outcomes and value the client wanted.