Integrated project development as applied to public projects

All projects pursue a perfect triad of cost, schedule and quality, but unfortunately, these three are highly difficult to accomplish concurrently. As such, the tendency is to believe that a well-designed and specified project will yield a quality project that can be built in an acceptable timeframe. Integrated Project Delivery (IPD) is a project delivery method that incorporates all stakeholders during the life of the project. By including the various stakeholders throughout the entirety of the project, the owner and project benefit from the collaborative talents and viewpoints of all participants in order to provide an effect project in an efficient timeframe. All parties enter into a singular, multi-party contract that shares both the risks and the rewards of IPD. The higher of level of communication and collaboration between the owner, architect, and constructor yield a project that optimizes project results, increases value to the project, reduces waste and maximizes efficiency throughout all aspects of the project, from conception to completion. This study compares the benefits and shortcomings of the tradition Design, Bid, Build Delivery method to the IPD method in order to make a recommendation to improve public projects.