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Involvement of electrical contractor...
~
Lewis, Fred.
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Involvement of electrical contractors in Integrated Project Delivery (IPD).
Record Type:
Electronic resources : Monograph/item
Title/Author:
Involvement of electrical contractors in Integrated Project Delivery (IPD)./
Author:
Lewis, Fred.
Description:
114 p.
Notes:
Source: Masters Abstracts International, Volume: 54-05.
Contained By:
Masters Abstracts International54-05(E).
Subject:
Operations research. -
Online resource:
http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=1590601
ISBN:
9781321801507
Involvement of electrical contractors in Integrated Project Delivery (IPD).
Lewis, Fred.
Involvement of electrical contractors in Integrated Project Delivery (IPD).
- 114 p.
Source: Masters Abstracts International, Volume: 54-05.
Thesis (M.S.)--Colorado State University, 2015.
IPD is the "next generation" of project delivery systems, building off of design-bid-build and design-build by seeking to improve upon their core concepts. For this reason, the discussion presented herein will only include design-bid-build, IPD and design-build, although other project delivery systems do exist. IPD emphasizes increased stakeholder collaboration, increased project efficiency, and improved design quality. However, IPD places the highest importance on complete and comprehensive collaboration with all stakeholders, especially in the design phase. IPD's other characteristics take a more aggressive approach than other delivery methods in order to achieve these goals more effectively, as will be discussed in Chapter 2.
ISBN: 9781321801507Subjects--Topical Terms:
547123
Operations research.
Involvement of electrical contractors in Integrated Project Delivery (IPD).
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Involvement of electrical contractors in Integrated Project Delivery (IPD).
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114 p.
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Source: Masters Abstracts International, Volume: 54-05.
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Adviser: Mehmet Ozbek.
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Thesis (M.S.)--Colorado State University, 2015.
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IPD is the "next generation" of project delivery systems, building off of design-bid-build and design-build by seeking to improve upon their core concepts. For this reason, the discussion presented herein will only include design-bid-build, IPD and design-build, although other project delivery systems do exist. IPD emphasizes increased stakeholder collaboration, increased project efficiency, and improved design quality. However, IPD places the highest importance on complete and comprehensive collaboration with all stakeholders, especially in the design phase. IPD's other characteristics take a more aggressive approach than other delivery methods in order to achieve these goals more effectively, as will be discussed in Chapter 2.
520
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Increased collaboration requires a higher upfront cost from stakeholders who would normally not be involved until later in the process. IPD offers incentives for this early involvement in the form of reward payments based on the extra value a company brings to the project; these incentives are to be paid at the time of project closeout. IPD stakeholders are also bound together contractually through a multi-party agreement and/or single purpose entity. This creates a situation where the financial success of an individual stakeholder is dependent on the financial success of the project as a whole--a fundamental difference from any other project delivery method (AIA, 2007). In practice, "pure" IPD projects have been limited to large/complex projects (e.g. medical & higher education facilities) but have proven to be largely successful in terms of cost, time and quality(AIA, 2010).
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http://pqdd.sinica.edu.tw/twdaoapp/servlet/advanced?query=1590601
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