Version 1.0 of BSI Flex 390 is available for download. Commenting has now closed. Received comments will be used to inform the development of version 2.0 of this BSI Flex.

**What is BSI Flex 390 v.1.0 - Value-based decision making about?**

The UK built environment sector traditionally sees value in financial terms, or at best in terms of cost and quality. BSI Flex 390 v.1.0:2022-06 is the first version of a new Flex standard designed to help with considering value in terms of four different pillars: natural, human, social and produced. Complementary to existing processes and systems, and sponsored by the government’s Construction Innovation Hub, it can help users make value-based decisions that drive better social, environmental and economic outcomes.

**Who is BSI Flex 390 v.1.0 - Value-based decision making for?**

Anyone in the built environment with responsibility for making or implementing intervention investments in build environment assets; or those wishing to adopt a process for systematically introducing value-based decision making when procuring or acquiring an asset, including:

Client organizations and their advisors
Asset managers
Project managers
Investment managers and analysts
Commercial managers such as cost managers or quantity surveyors
Asset managers
Those involved in the specification of construction works
Public sector clients/procurers
Private sector clients
Framework providers

**What does BSI Flex 390 v.1.0 - Value-based decision making cover?**

It specifies requirements for implementing a consistent approach to value-based decision making throughout the project lifecycle of an asset and within the inter-related processes undertaken in the management of a built environment project.

It utilizes a Value Definition Framework to help users consider value in terms of four overarching pillars: natural, human, social and produced.

BSI Flex 390 v.1.0:2022-06 is intended to:

Be applied to and implemented in project investment, procurement planning, optioneering and design decisions relating to all types of assets, regardless of size, complexity or chosen procurement strategy
Enable objectives to be developed and validated to establish a clear performance related brief for any project or programme
Enable policy objectives to be delivered more effectively, as well as the delivery of better outcomes
Operate in the context of wider management processes, including project management, value and change management, and whole life cycle intervention decisions
Supplement competencies in many existing roles within organizations, their supply chain and teams

NOTE: This BSI Flex is complementary to existing processes that assist with the wider management process of a project or programme, such as outlined in BS 12973. As a BSI Flex standard, it allows for iterative modification as processes develop, lessons are learned and practical experience is gained. This iteration - Flex 390 Version 1 – focuses on the value-based decision making process, and its breadth and technical detail. Version 2 will resolve connections to existing standards, in part based on feedback derived at public comment phase.

**Why should you use BSI Flex 390 v.1.0 - Value-based decision making?**

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
It is a value-based add-on to existing project management processes, rather than another system to learn and invest in
It provides a framework within which clients can explore their required outcomes
It creates an ongoing up-to-date reference point so that organizations are able to benchmark and develop their operations
It gives confidence of a rigorous process as well as the ability to verify conformity
It creates greater resilience and efficiency, with adaptable good practice
It supports innovation within organizations and industries
It aligns with the principle of value-based decision making already in use in government and the private sector
It strengthens risk management and increases confidence
It is UK-developed but has global application

BSI Flex 390 v.1.0:2022-06 contributes to UN Sustainable Development Goal 11 on sustainable cities and communities and Goal 12 on responsible consumption and production.

BSI Flex 390 v1.0:2022-06

Built environment. Value-based decision making. Specification

Published:

20 Jun 2022

Withdrawn:

3 Mar 2023