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https://www.coursera.org/lecture/construction-project-management/contracting-strategy-assessment-FNBvP
To make sure that it's well understood, is this a cost-driven project, is it a quality-driven project, is it a scope-driven project, is it a schedule-driven project? What are those priorities that will allow this project to be reformulated and proceed in view to model a delivery strategy accordingly?
http://osp.mans.edu.eg/elbeltagi/CM%20CH2%20Contracts.pdf
CHAPTER 2 CONTRACT STRATEGY At the early stage of a project and once a project manager is selected, the main issue that faces the owner is to decide on the contract strategy that best suits the project objectives. Contract strategy means selecting organizational and contractual policies required for the execution of a specific project.File Size: 821KB
http://barrettaassociates.com/strategies.html
Typical project delivery methods. Variations are infinite. Examples of the most common follow. Traditional process ... One common strategy to avoid downstream overruns is to award only the shop drawing phase of the first trade contracts. The CM delays final notice to proceed with construction until most of the work is bid and the project cost ...
https://www.hindawi.com/journals/ace/2018/5810357/
A project delivery method (PDM) and project contract strategy (PCS) are two critical factors for project success in construction industry. Currently, there are several options available for them in the construction industry, with several innovative PDMs and PCSs emerging along with the development of the industry. This paper maintains that the PDM should be designed in combination with the PCS ...Author: Jiyong Ding, Na Wang, Leichuang Hu
https://www.mckinsey.com/industries/capital-projects-and-infrastructure/our-insights/collaborative-contracting-making-it-happen
Jul 01, 2018 · During the contracting-strategy phase of a project, when owners are deciding on scope and delivery models for each phase of the project—such as engineering, procurement, and construction (EPC) or engineering, procurement, and construction management (EPCm)—they would benefit from contractors’ input on their capacity and appetite for ...
https://www.power-eng.com/2011/03/01/project-contracting-strategies-evaluating-costsrisks-and-staffing-requirements/
When embarking on a major capital project, the facility owner must select a basic strategy for the contracting of the project. Various approaches exist and for good reasons, the choice of the ...
https://library.e.abb.com/public/bea2b2a98b5f4d06884b6e2f948e313a/Contract%20Strategy(PRS243a).pdf
Contract strategy The importance of choosing the optimum contract strategy for project delivery. As today’s projects become larger and more complex, there are enormous risks associated with developing complex engineering projects. Risk should ideally sit with the party best placed to mitigate and manage it and the objective is to
https://www.mckinsey.com/industries/capital-projects-and-infrastructure/how-we-help-clients/mckinsey-major-project-delivery
What We Do. McKinsey’s business acumen, on-the-ground experience, and comprehensive knowledge of functional topics—such as organizational effectiveness, lean execution, supply-chain management, and risk management—uniquely positions us to support all entities involved in major projects, public- and private-sector project owners, investors, and contractors.
http://web.mit.edu/sis07/www/gibson.pdf
implementation of a change in project delivery strategy. In the United States, highway projects have traditionally been delivered through a project delivery strategy based on a single project delivery method, the Design-Bid-Build (DBB) method. In this approach, engineering and construction services are …
https://assets.kpmg/content/dam/kpmg/pdf/2013/10/integrated-project-delivery-whitepaper.pdf
project, selecting the appropriate delivery and contracting strategy, engaging the right team (external and internal), understanding the project risks, and having an operating and governance structure in place to support the delivery approach.File Size: 324KB
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