#projectdeliverymethod
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certifiedprojectmanager · 5 years ago
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𝗛𝗼𝘄 𝗘𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝘁 𝗜𝘀 𝗔𝗻 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗲𝗱 𝗣𝗿𝗼𝗷𝗲𝗰𝘁 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗠𝗲𝘁𝗵𝗼𝗱 A project includes plenty of stake holders with conflicting interests and they prefer to cover their investments. To combat this trend there is an innovative technique known as Integrated Project Delivery Method (IPD). It is based upon guaranteed cost, waivers of liability, and a common risk/reward model between workers, hence it ensures optimization of efficiency. It increases efficiency in various terms as team members have to consider the impact on the overall project rather than just their own Project parts. Because of shared risk/reward participants get more benefits by optimizing scheduling, improving quality, and costs. Efficient performance and better decision making are performed as all parties are involved across the complete project. Collaboration makes a huge difference in Project implications.
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