Starting from Scratch: A New Project Delivery Paradigm

Publication No

RR271-11

Type

Academic Document

Publication Date

Jan 01, 2012

Pages

Research Team

RT-271

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DOCUMENT DETAILS

Abstract

Key Findings

Filters & Tags

Abstract

RT271 was challenged to rethink the capital project delivery system. We tried to dream how the system could be different than it is, at both the industry and project levels. While developing dreams into testable hypotheses, we were struck how easy it

Key Findings

It is possible to achieve alignment of interests without focusing on contract enforcement. One way to do this is by making sure that all project team members understand the final project objective and its value to the owner. Alignment of interest can be achieved by focusing on value delivery and procurement practices that are competitive yet collaborative and aligning interests. (RR271-11, p. 38)

Filters & Tags

Knowledge Area

Business and Project Processes, Construction Execution, Project Planning

Project Phase

Feasibility, Concept, Detailed Scope, Detailed Design (Engineering), Procurement, Construction, Commissioning & Startup, Handover & Closeout

Project Function

Project Business Sponsor, Project Management, Architects & Engineering, Project Controls, Procurement & Contracts, Construction, Commissioning & Startup, Operations & Maintenance, Health, Safety & Environmental, Risk Management, Quality Management, External Stakeholders

Industry Group

Light Industrial, Heavy Industrial, Buildings, Infrastructure

Research Topic

Innovative Project Delivery Processes - Is there a better way?

Keywords

Alignment of Interests, Organizational Integration, Management by Means Methods, Ideal Project Delivery System, Project Performance, Teamwork, Last Planner Principles, Project Budgets, Project Uncertainty, rt271

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Starting from Scratch: A New Project Delivery Paradigm

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