Integrated Project Delivery (IPD) is a collaborative approach to project delivery that involves all project stakeholders working together from the beginning to the end of a project. IPD brings together the owner, architect, contractor, and other key stakeholders to work as a team, sharing risk and reward to achieve common goals. In this blog, we’ll explore what IPD is, its benefits for renovation or construction projects, and owners who take on these projects. We’ll also look at studies that discuss the benefits of using the IPD approach and how it compares to other project delivery methods.
What is Integrated Project Delivery?
IPD is a project delivery method that encourages all stakeholders to work together from the beginning to the end of a project. IPD aims to maximize the collective knowledge and expertise of all stakeholders to optimize project outcomes. In an IPD approach, all stakeholders share the risks and rewards of the project and collaborate to achieve common goals.
Benefits of Integrated Project Delivery
- Collaboration
IPD encourages collaboration among all stakeholders involved in the project. This approach promotes transparency, communication, and trust among the team members, leading to better project outcomes. By involving all stakeholders in the decision-making process, IPD ensures that everyone’s input is considered and valued.
- Early Involvement
IPD encourages early involvement of all stakeholders in the project, including the owner, architect, and contractor. By involving all stakeholders early in the project, IPD allows for better decision-making, planning, and coordination. Early involvement also helps to identify potential issues before they become costly problems.
- Risk Management
IPD encourages risk management by sharing risks and rewards among all stakeholders. This approach ensures that risks are identified and managed effectively, and all stakeholders are accountable for their contributions to the project. By sharing risks and rewards, IPD encourages collaboration and accountability among all stakeholders.
- Efficiency
IPD promotes efficiency by eliminating waste and duplication of effort. This approach encourages the use of the most efficient methods and materials to achieve project goals. By involving all stakeholders in the decision-making process, IPD ensures that everyone is working toward the same goal, resulting in a more efficient project.
Studies on the Benefits of Integrated Project Delivery
A study by the University of Minnesota found that projects using an IPD approach had a 35% lower cost growth and a 50% lower schedule growth compared to traditional project delivery methods. The study also found that IPD projects had fewer change orders and improved collaboration among all stakeholders.
Another study by the Lean Construction Institute found that IPD projects had a higher level of satisfaction among project stakeholders and a lower risk of litigation. The study also found that IPD projects had a higher level of innovation and a higher quality of workmanship.
Comparison to Other Project Delivery Methods
IPD differs from traditional project delivery methods, such as Design-Bid-Build or Construction Management at Risk, by emphasizing collaboration among all stakeholders from the beginning to the end of the project. Unlike traditional project delivery methods, IPD involves all stakeholders in the decision-making process, which leads to better project outcomes.
Conclusion
Integrated Project Delivery is a collaborative approach to project delivery that involves all stakeholders working together from the beginning to the end of a project. The IPD approach encourages collaboration, early involvement, risk management, and efficiency. Studies have shown that IPD projects have lower costs and schedules, higher satisfaction among project stakeholders, and a lower risk of litigation. By involving all stakeholders in the decision-making process, IPD ensures that everyone is working toward the same goal, resulting in a more efficient and effective project.