Can Target Costing and Whole Life Costing be Applied in the Construction Industry?: Evidence from Two Case Studies

British Journal of Management

Volumn 10, Issue 4, 1999, Pages 303-324

  Nicolini, Davide ^d   Tomkins, Cyril ^a   Holti, Richard ^d   Oldman, Alf ^b   Smalley, Mark ^c  

^a UNIVERSITY OF BATH   (United Kingdom)

^b AMO Consulting   (United Kingdom)

^c UNIVERSITY OF WARWICK   (United Kingdom)

^d TAVISTOCK INSTITUTE   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0442309426     PISSN: 10453172     EISSN: None     Source Type: Journal    
DOI: None     Document Type: Article

References (54)

1. Ansari, S., J. Bell and the CAM-I target cost core group (1997). Target Costing: The Next Frontier in Strategic Cost Management. Irwin, Chicago.
2. Atkins, W. S. (1994). Strategies for the European Construction Sector, the SECTEUR Study, prepared for The European Commission, DG III. Construction Europe, Wardhurst, UK.
3. Banwell, H. (1964). The Placing and Management of Contracts for Building and Civil Engineering Work. HMSO, London.
4. Barber, P., C. Tomkins and A. Graves (1998). 'Applying a Cost of Quality Analysis in Major Civil Engineering Projects: a Case Study'.
5. Barber, P. C., A. Graves, M. Hall, D. Sheath and C. Tomkins (2000). 'Quality Failures Costs in Civil Engineering Projects', The International Journal of Quality and Reliability Management, 17(4/5), pp. 479-492.
6. Barker, D. S. (1993). Achieving Client Satisfaction in Construction. M.Sc. Unpublished Dissertation, University of Central Birmingham.
7. Bon, R. (1994). 'Whither Global Construction?' (Part 2), Building Research and Information, 2(2), pp. 118-126.
8. Clark, P. (1972). Action Research and Organizational Change. Harper & Row, New York.
9. Construction Task Force (1998). Rethinking Construction. Department of the Environment, Transport and the Regions, London.
10. Cooper, R. and B. W. Chew (1996). 'Control Tomorrow's Costs Through Today's Designs', Harvard Business Review, 1, p. 94.
11. Cooper, R. and R. Slagmulder (1997). Target Costing and Value Engineering. Productivity Press, Portland, UK.
12. CRINE (1994) First CRINE [Cost Reduction Initiative for a New Era] Report. Institute of Petroleum, London.
13. De Brito, J. and F. Branco (1994). 'Bridge management policy using cost analysis', Proceedings of the Institute of Civil Engineers (Structures and Buildings), 104(November), pp. 431-439.
14. El-Haram, M. A. and M. Horner (1998). 'Factors Affecting Life Cycle Cost in the Construction Industry. In: J. Knezevic, D. Kumar and C. Nicholas (eds), Proceedings of the 8th International MIRCE Symposium. SOLE South West Chapter Publishing, Exeter.
15. Graves, A., D. Sheath, D. Rowe and M. Sykes (1998). Constructing the Best Government Client, Volume 1, 'The Government Client Improvement Study' and Volume 2 'The Pilot Benchmarking Study', HM Treasury Procurement Group, London.
16. Graves, A., D. Sheath, D. Rowe and M. Sykes (1998). Constructing the Best Government Client, Volume 1, 'The Government Client Improvement Study' and Volume 2 'The Pilot Benchmarking Study', HM Treasury Procurement Group, London.
17. Gray, C. (1996). Value for Money: Helping the UK Afford the Buildings it Likes. Construction Forum, Reading.
18. Green, S. and S. Simister (1999). 'Modelling Client Business Process as an Aid to Strategic Briefing', Construction Management and Economics, 17, pp. 63-76.
19. Hannus, M., P. Huovila, P. Lahdenperä, P. Laurikka and K.-J. Serén (1997). 'Methodologies for Systematic Improving of Construction Processes'. In: C. J. Anumba and N. F. O. Evbuomwan (eds), Concurrent Engineering in Construction CEC'97 - Papers Presented at the 1st International Conference, 3-4 July, pp. 55-64. The Institution of Structural Engineers & SETO Ltd, London.
20. Harvey, R. and A. Ashworth (1993). The Construction Industry of Great Britain. Butterworth-Heinemann, Oxford.
21. Higgin, G. and N. Jessop (1964). Communications in the Building Industry: The Report of A Pilot Study, Mimeo. The Tavistock Institute of Human Relations, London.
22. Hiromoto, T. (1991). 'Restoring the Relevance of Management Accounting', Journal of Management Accounting Research, 66(4), Fall.
23. Holti, R. and H. Standing (1997). 'Psychodynamics and Inter-Occupational Relations in an Industrial Sector - The Case of UK Construction', paper presented at the 1997 Symposium of The International Society for the Psychoanalytic Study of Organisations, 27-29 June, Philadelphia, PA.
24. Holti, R. and H. Standing (1998). 'Innovation in Construction Procurement: Current Developments and Agenda for the Future', Final report to the Department of the Environment, Transport and the Regions (DETR) on the collaborative research and development project Methods and Tools for Partnership in Construction Procurement.
25. Holti, R., D. Nicolini and M. Smalley (2000). The Prime Contractor Handbook of Supply Chain Management in Construction. Part 1: Essentials. CIRIA Publications, London.
26. Huovila, P., A. Lakka, P. Laurikka and M. Vainio (1997). 'Involvement of Customer Requirements in Building Design'. In: L. Alarcon (ed.) Lean Construction, pp. 403-416. A. A. Balkema, Rotterdam.
27. Jaafari, A. (1996). 'Twinning Time and Cost in Incentive-Based Contracts', Journal of Management in Engineering, 12(4), pp. 62-72.
28. Kato, Y. (1993). 'Target costing support systems: lessons from leading Japanese companies', Management Accounting Research, 4, pp. 33-47.
29. Knott, T. (1996). No Business as Usual. B.P. Education, London.
30. Kohli, A. K. and B. J. Jaworski (1990). 'Market Orientation: The Construct, Research Propositions and Managerial Implications', Journal of Marketing, 54(April), pp. 1-18.
31. Kohli, A. K., B. J. Jaworski and A. Kumar (1993). 'MARKOR: A Measure of Market Orientation', Journal of Marketing Research, November, pp. 467-477.
32. Lahdenpera, P. (1995). Reorganizing the Building Process. The Holistic Approach. VTT Publications, Espoo.
33. Lamming, R. (1993). Beyond Partnership: Strategies for Innovation and Lean Supply. Prentice-Hall, Englewood Cliffs, NJ.
34. Laseter, T. (1998). Balanced Sourcing: Co-operation and Competition in Supplier Relationships. Jossey-Bass, San Francisco.
35. Laseter, T., C. Ramachandran and K. Voight (1997). 'Setting Supply Cost Targets: Getting Beyond the Basics', Strategy and Business, 1, pp. 1-11.
36. Latham, M. (1994). Constructing the Team: The Final Report of the Government/Industry Review of Procurement and Contractual Arrangements in the UK Construction Industry. HMSO, London.
37. Laurikka, P., A. Lakka and M. Vaino (1996). 'QFD in Building Design', Proceedings of the 8th Symposium on QFD/2nd International Symposium on QFD. QFD Institute, Ann Arbor, MI.
38. Lee, H. L. and C. Billington (1992). 'Supply Chain Management: Pitfalls and Opportunities', Sloan Management Review, 33(Spring), pp. 65-73.
39. Madigan, D. (1997). A SWOT Analysis for the UK Civil Engineering Industry: Defining the Context for the Agile Construction Initiative. School of Management, University of Bath, Bath.
40. Narver, J. C. and S. F. Slater (1990). 'The Effect of a Market Orientation on Business Profitability', Journal of Marketing, 54(October), pp. 20-35.
41. Nicolini, D., R. Holti and M. Smalley (2001). 'Integrating Project Activities: The Theory and Practice of Managing the Supply Chain Through Clusters', Construction Management and Economics, 19(1), forthcoming.
42. NORSOK (1996). Integrated Forms of Cooperation and Incentives Contracts, NORSOK Task Force Report. NORSOK Secretariat, Stavanger.
43. Oldman, A. M. and C. Tomkins (1999). Cost Management: Its Interplay with Business Strategy and Context. Ashgate, Aldershot, UK.
44. Rhys Jones, S. (1991). The Influence of Law, Language and Perception on Conflict in the Construction Industry. MSc. Dissertation, Bartlett School of Architecture.
45. Sakurai, M. (1989). 'Target Costing and How to Use It', Journal of Cost Management for Manufacturing Accounting Research, 5, pp. 39-50.
46. Schuler, D. and A. Namioka (eds) (1993). Participatory Design: Principles and Practices. Lawrence Erlbaum Associates, Hillsdale, NJ.
47. Schwandt, T. (1997). 'Towards a New Science of Action Research', Paper presented at the seminar 'Is Action Research Real Research?' July. The Tavistock Institute, London.
48. Susman, G. and R. Evered (1978). 'An Assessment of the Scientific Merits of Action Research', Administrative Science Quarterly, 23, pp. 582-603.
49. Tanaka, T. (1993). 'Target Costing at Toyota', Cost Management, Spring, pp. 4-11.
50. Technology Foresight (1995). Progress Through Partnership, Vol. 2: Construction. Office of Science and Technology, London.
51. Trigg, R. H. and S. I. Anderson (eds) (1996). Human-Computer Interaction, Volume 11: Special Issue on Current Perspectives on Participatory Design. ACM, New York.
52. Unger, G. and W. Van Waarden (1993). 'Construction Industries: A Comparison Between Austria, Germany, Great Britain, Italy, The Netherlands, Sweden and Switzerland', The Future of Industry in Europe, Vol. 16. FAST: Future of Industry Paper Series. Europe Commission of the European Communities, Brussels.
53. Whyte, W. (ed.) (1990). Participatory Action Research. Sage Publications, Newbury Park, CA.
54. Yoshikawa, T., J. Innes, F. Mitchell and M. Tanaka (1993). Contemporary Cost Management. Chapman & Hall, London.