Pennanen, Ari; Ballard, Glenn; Haahtela, Yrjänä - In: Journal of Financial Management of Property and Construction 16 (2011) 1, pp. 52-63
Purpose – Target costing determines the cost of a building before design. The cost of the product is based on the customer's requirements for the product's performance and the customer's willingness to pay for such performance. However, if the designers cannot achieve the target cost, the...