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Using Project Delivery and Contract Strategy Tools - Instructor's Guide
Publication No
EM165-21
Type
Education Material
Publication Date
Dec 01, 2003
Research Team
RT-165
DOCUMENT DETAILS
Abstract
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Abstract
This course focuses on Project Delivery and Contract Strategy (PDCS) selection. A project delivery and contract strategy defines the roles and responsibilities of the parties involved in a project and how the owner will pay for services. A project delivery and contract strategy also establishes the project execution framework. A structured and integrated decision support tool that can aid owners in selecting the most appropriate project delivery and contract strategy for their capital projects is presented. The PDCS tool is applied using exercises and a case study during this course.
The research conducted by CII Research Team 165 to develop the PDCS selection tool found that this tool:
- Promotes consideration of a larger set of relevant alternatives in the PDCS selection process.
- Encourages decision-makers to identify and focus on project objectives and other critical factors early in project development.
- Enhances insight into PDCS selection through systematic consideration of all key decision variables.
- Provides a defensible rationale for PDCS selection based on quantification of alternatives.
Filters & Tags
Knowledge Area
Project Phase
Project Function
Industry Group
Research Topic
Project Delivery and Contract Strategy
Keywords
Project Delivery,
Contract Strategy,
PDCS,
Compensation,
rt165