TEAM 1 Share All Project Risks

Implications - DBB ArchitectContractorClient/Owner Risk LevelLowHighMedium BehaviorDelivery and DoneLowest cost and fast delivery Holds other parties accountable FocusDesign and Aesthetics Time and CostSatisfactory Conclusion Architect develops and complete bid documents prior to construction review Project has a short and discrete bid phase Contractor constructs project based on contract Rigid change process Client/Owner has limited involvement after design

Implications - DB ArchitectContractorClient/Owner Risk LevelHigh Medium BehaviorCollaboration with Contractor Collaboration with Architect Holds other parties accountable FocusDesign, Cost and Implementation Construction, Cost and time Satisfactory Conclusion Architect develops and complete construction documents collaboratively Project has no bid phase Contractor and Architect share benefits Collaborate change process Client/Owner has limited involvement in design

Implications - IPD ArchitectContractorClient/Owner Risk LevelMedium BehaviorCollaboration with all Parties FocusDesign, Cost and Implementation All parties have same level of risk IPD Agreement must be signed prior to project initiation Architect, Contractor, and Client/Owner share benefits Collaborate change process with all parties

IPD Advantages Construction Projects Common goals that are agreed in advance between the Architect, Contractor, and Client/Owner Shortened feedback loop Shared risks provide incentives to resolve conflicts and complete project End goal is the focus vs. financial gain Reduced project waste Reduced schedule time IT Projects Common goals that are agreed in advance between the Designer, Developer, and Client/Owner Shortened feedback loop Shared risks provide incentives to resolve conflicts and complete project End goal is the focus vs. financial gain Reduced project waste Reduced schedule time

IPD Disadvantages Construction Projects Architect and Client/Owner have increased risk levels compared to DBB Less individual accountability amongst parties Increase reliability on Client/Owner Increase susceptibility to scope creep Architect has higher financial risk Contractor has less opportunity to make additional profits IT Projects Designer and Client/Owner have increased risk levels compared to DBB Less individual accountability amongst parties Increase reliability on Client/Owner Increase susceptibility to scope creep Designer has higher financial risk Developer has less opportunity to make additional profits

Challenges Early commitment from all parties Trust Frequent meetings, coordination and collaboration IT Projects conducted in virtual job sites Reliance on arbitration and cooperation over legal recourse Requires modeling technology Construction projects require rapid visual models IT projects require rapid workflow and data modeling Change process requires rapid evaluation and decision making Achieving waste reduction without increasing the project scope or project schedule High tech and standardized technology across all parties