IPD in the design and construction industry is another project delivery method distinguished by a contractual arrangement among a minimum of owner, constructor and design professional that aligns business interests of all parties. IPD uses lean construction principals to motivate collaboration throughout the design and construction process while adding value by maximizing of efficiency.  The ultimate goal of this method is to tie stakeholder success to project success.

IPD embodies the following contractual and behavioral principles

Contractual Principles

• Key Participants Bound Together as Equals
• Shared Financial Risk and Reward Based on Project Outcome
• Liability Waivers between Key Participants
• Fiscal Transparency between Key Participants
• Early Involvement of Key Participants
• Jointly Developed Project Target Criteria
• Collaborative Decision Making

Behavioral Principles

• Mutual Respect and Trust
• Willingness to Collaborate
• Open Communication

Benefits

• Schedule optimization (eliminates schedule waste)
• Reduced project costs (through schedule optimization/refined coordination)
• Increased team communication, collaboration, and cohesion
• Higher quality facilities based on a common goal and increased collaboration with trades
• Safer jobsite through better understanding of workflow by all

“Creating a better world requires teamwork, partnerships, and collaboration, as we need an entire army of companies to work together to build a better world within the next few decades. This means corporations must embrace the benefits of cooperating with one another on a daily bases.”

Jesse Penn