Primary Author: Mr. Christopher M. Anzidei, Mr. Christopher J. Brasco, Mr. Adam M. Tuckman, Mr. Robert Fraga and Mr. Ralph Kreider
Audience Focus: Intermediate
Application Type: Application
Venue: 2014 AACE International Annual Meeting, New Orleans, LA, USA
Abstract: Collaboration is an oft-used buzz word in the modern construction industry. Given the thin line separating winning and losing projects, collaboration can no longer be left to chance. For this ideal to be realized, it must be the subject of thoughtful planning. The parties can foster meaningful collaboration by devoting their attention to several important factors in planning and executing their project. These factors include selecting the appropriate delivery system and project team, properly allocating risk in the contract documents, implementing a system to identify and manage risk during performance (including both cost and schedule controls), establishing incentives for positive performance, and utilizing efficient dispute resolution methods. Our paper will explore these means of aligning the parties efforts and offer practical tips for how the parties can foster true collaboration in planning and executing their contracts. Furthermore, while unforeseen circumstances occur on every project that give rise to changes, these need not put the project team at odds. Accordingly, we will also address means by which the parties can break impasses without breaking relationships.
Audience Focus: Intermediate
Application Type: Application
Venue: 2014 AACE International Annual Meeting, New Orleans, LA, USA
Abstract: Collaboration is an oft-used buzz word in the modern construction industry. Given the thin line separating winning and losing projects, collaboration can no longer be left to chance. For this ideal to be realized, it must be the subject of thoughtful planning. The parties can foster meaningful collaboration by devoting their attention to several important factors in planning and executing their project. These factors include selecting the appropriate delivery system and project team, properly allocating risk in the contract documents, implementing a system to identify and manage risk during performance (including both cost and schedule controls), establishing incentives for positive performance, and utilizing efficient dispute resolution methods. Our paper will explore these means of aligning the parties efforts and offer practical tips for how the parties can foster true collaboration in planning and executing their contracts. Furthermore, while unforeseen circumstances occur on every project that give rise to changes, these need not put the project team at odds. Accordingly, we will also address means by which the parties can break impasses without breaking relationships.