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Guide to Different Construction Procurement Methods

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10 Guide to Different Construction Procurement Methods | ©2022 ProjectSight 6. Integrated Project Delivery (IPD) One of the most popular newer project delivery methods, IPD is built on ideas of teamwork and shared responsibility and pairs well with the lean construction management approach to projects. With IPD, a single contract is established between owner, designer, and general contractor. When the contract is set up before the project begins, that means all contractors, subcontractors, and trades are in communication with the owner from the outset. The owner often sets incentives for design and construction teams, with the aim of fostering collaboration and goal alignment. According to a study published in the Journal of Construction Management and Economics examining contractor selection criteria, project success was heavily influenced by the contractors' record of success and experience, financial stability and management skill. IPD can be an excellent option for construction firms already pursuing a lean construction management approach, as it pairs well with this methodology. 10

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