Boosting the Power of Integrated Project Delivery with BIM
Building teams are looking more closely at Integrated Project Delivery (IPD) in the midst of the worldwide economic crunch. In fact, IPD is emerging as the standard for early collaboration and powerful decision-making in the building industry. IPD and Building Information Modeling (BIM) together can further boost productivity and reduce risks. What is IPD? IPD is an arrangement between designers, engineers, contractors and owners where all share in both the risks and rewards for a given project. Experience reveals four main benefits to using IPD:
- Early involvement of key players:When all principal parties – architect, engineer, contractor and owner – collaborate from the beginning, communication is improved and there are fewer opportunities for errors and misunderstandings.
- Joint risks and rewards:PD entails a shared risk and reward system; when the group wins, everyone wins. Contractually, everyone is obligated to work together for the common good.
- Shared project management:Everyone involved shares in the project management and makes decisions together. There’s not one person calling the shots and trying to override others’ ideas.
- Zero litigation:The IPD contract specifies that no party can sue another party. Everyone involved in the project must work out any differences, which reinforces the joint risks and rewards system.