A Comparison between Project Delivery Approaches

Different approaches have evolved over time as the construction industry has grown. These delivery approached have a typical style of their own and sometimes overlap with one another. A project delivery is a structured approach to get engineering, procurement, construction & management service in various locations around the globe. A proper delivery approach is chosen keeping in mind the stakeholderï¾Ãƒâ€šÃ‚Æ’??s requirement, project issues, objectives and allocation of risk. A project delivery approach strategy is decided based on few factors There are many project delivery methods which are used for a successful outcome. A new way of delivering a project is early contractor engagement. The success of a project may be identified as 1. Good financial outcome for both the parties involved in the project. 2. Mitigation of risk for both parties 3. Minimal overruns and in line with the initial scope of work 4. The buyer can consider the contractor for future engagements