New requirements for making value-based decisions in the built environment
What’s happened and why?
Value-based decision making is already in use in both government and private sector investment policy. A complementary new Flex Standard is now available for FREE download that describes the process of making and implementing value-based decisions in the built environment to drive better social, environmental and economic outcomes.
What does BSI Flex 390 v2.0:2023-03 cover?
It specifies requirements for implementing a consistent approach to value-based decision making within the inter-related processes undertaken in the management of a built environment project and throughout the lifecycle of an asset.
This BSI Flex is complementary to existing processes that assist with the wider management process of a programme or project, whatever the size, complexity or chosen procurement strategy.
Why use BSI Flex 390 v2.0:2023-03?
It provides a clear, modern approach to how value in the built environment can be defined, created, delivered and measured to drive better social, environmental and economic outcomes. In addition, this standard:
- Provides a framework within which clients can explore their required outcomes.
- Helps organizations benchmark and develop their value-based operations.
- Supplies a rigorous process, as well as the ability to verify conformity.
- Creates greater resilience and efficiency and supports innovation.
- Is available as a FREE download.
BSI Flex 390 v2.0:2023-03 also contributes to UN Sustainable Development Goal 11 on sustainable cities and communities and Goal 12 on responsible consumption and production.
About BSI Flex 390 v2.0:2023-03
BSI Flex documents are a new type of standard, created where there is a need to rapidly iterate and update content as best practice emerges. BSI Flex Standards are developed using repeated cycles of iteration.
Commenting for Version 2.0 of BSI Flex 390 is now open. Comments received will be used to inform any future development of BSI Flex 390.
