This study addresses the task of predicting the transformation plasticity induced during pha- se transformation of the 16MND5 carbon steel from austenite to bainite under low externally applied stress using a semi-theoretical model based on the Greenwood-Johnson mechanism. Both models proposed by Leblond et al. (1989) and Taleb and Sidoroff (2003) sufficiently describe the evolution of the TRansformation Induced Plasticity (TRIP) during continuous cooling of the austenitic phase. Nevertheless, TRIP values predicted by these models unde- restimate measured data through the first half of the transformation and overestimate them through the second half. So, we propose in this paper a method to improve Taleb’s model in order to remove discrepancies between theoretical and experimental results throughout the whole transformation and obtain a better description of experimental data.