The global competition for highly skilled people has led to increasing acceptance by organizations, as a key business strategy, of the need to retain and re-train their existing staff through some kind of tailored competence development that reduces the lead-time for a learner to achieve target productivity: the “time-to-competence” (TTC). Today, the main route to shorten TTC is a bespoke (hand-crafted) face-to-face or blended course, which tends to be resource-intensive (expensive to create and deliver). The main aim of the TARGET Project is to research, analyse, and develop a new genre of Technology Enhanced Learning (TEL) environment that supports rapid competence development of individuals, namely knowledge workers within the domains of living labs (innovation) and project management.