10 Ways to Reduce Construction Risk with Collaboration

10 Ways to Reduce Construction Risk with Collaboration

Change orders, lack of timely and accurate information, poor leadership, and a dysfunctional team are the reasons the majority of construction projects end up being over budget, late, and dissatisfaction among all participants.

All of these are address by collaborative construction delivery methods.   No, we are not talking about BIM.   This is the proven process of applying integrated project delivery, IPD, job order contarcting, JOC, or similar construction delivery methods throughout the project life-cycle and well as for on-gong facilities management.

Risk is reduced by sharing information will a project participant from concept through completion.   While the various collaborative construction delivery methods have their own structures, they share the concepts of a written Operations Manual / Execution Plan as well as the following…

  1. Early and ongoing communication of all project participants
  2. Mutual respect and trust
  3. Shared risk/reward
  4. Common terms, definitions, and data architectures (Uniformat/ Masterformat/Omniclass)
  5. Owner leadership without excessive control
  6. Key performance indicators, KPIs and monitoring
  7. Ongoing education and training
  8. Continuous improvement
  9. Focus upon outcomes
  10. Financial transparency

BIM asset life-cycle competencies

 

standardized cost data