Choosing an appropriate project delivery method can be one of the best ways to boost collaboration and productivity. That’s why this team of top young professionals believes that owners and investors need a little schooling on the subject.
“When folks come in and do not understand the construction piece, they push the risk as far as possible downstream,” says Chad Frampton, president and CEO of general contractor Frampton Construction. “The first time something goes wrong, they pull a lever and then you’re talking about default, about liquidated damages and things that put a black eye on the project.”
The group says public agencies need to better understand how alternative project delivery approaches such as design-build, integrated project delivery, advanced work packaging and workface planning allocate risk and align incentives among project team members.