Integrated Project Delivery or IPD is a revolutionary, strategic approach that makes all partners - owners, contractors, and trade partners - stakeholders in the project. Affected by the project outcome, each stakeholder earns a profit from the wins and shares in the cost of failures. When implemented, the IPD process tends to drive down costs and foster teamwork and cooperation while speeding up each phase of the project.
For the Akron Children's Hospital, the process incorporated an initial planning session, including the architect, engineers, contractors, and trade partners. The session pooled everyone's ideas and expertise to design the project and develop a plan for successful completion.
Initial project estimates totaled more than $100 million, but one of the benefits of the IPD approach is its ability to generate substantial cost savings in large-scale, multi-million dollar projects. The team reworked the plan, implemented new techniques, and brought the project within budget at a cost of $84 million.
"It's a win together teamwork mentality. In IPD, everyone from the architect to the trade partners recognizes that working for one common goal will result in a successful project, and more importantly, a happy customer."
Senior Superintendent, Welty Construction Company