The Design-Bid-Build (DBB) method of project delivery is easily the most familiar to owners, architects and contractors. No contractor should ever lose their ability to compete, win and build profitable projects using this method of delivery. It keeps your estimating and operations teams sharp. In this method the project owner contracts separately with the architect for design and a single prime contractor for construction. > It is the primary procurement method used for public works projects. > Due to the sequential design then construction workflow it has the longest timeline. > Contractors are typically forced into a competitive bidding situation resulting in a low initial construction cost. > Because the contractors were not involved in the design phase there are frequently cost and schedule overruns that sometimes end in litigation. The negatives must be weighed against the positives for this project delivery method and in many cases this is absolutely the right method for the project.
D. Brown Management’s Post
More Relevant Posts
-
The business of building is largely about aligning projects and people. The Talent Value Stream (TVS) ensures talent will never be a constraint to your growth. #businessplanning #talentvaluestream #dbmteam
Talent Value Stream (TVS): The Basics
dbmteam.com
-
As a contractor navigates the different stages of growth, the complexity of their business model evolves, including their organizational structure, management systems, and people. Seeing this model visually helps identify bottlenecks and constraints. #businessmanagement #businessplanning #strategy #dbmteam
Contractors Business Model
dbmteam.com
-
Every contractor will navigate very predictable stages of growth. Each of these represents about a tripling of headcount and requires different leadership focus, strategies, structures, and systems. Stress and failure points are also very predictable. #leadership #management #strategy #dbmteam
Stages of Contractor Growth and Growth Inflection Points
dbmteam.com
-
Building projects requires technical expertise and resources. Building a construction business is about developing and aligning those capabilities with customers. Growth and time require different leadership focus, strategies, systems, and structure. #career #management #strategy #talent #dbmteam
The Business of Building
dbmteam.com
-
Decision quality IS NOT linearly related to information quantity. In complex environments with elements of uncertainty, data quantity quickly reaches a point of diminishing returns but increases decision confidence which puts you into the danger zone. #businessmanagement #strategy #talent #dbmteam
Decision Quality and Information Quanity
dbmteam.com
-
Defining what you want in quantifiable outcomes is extremely difficult. It's 10X harder to define those outcomes throughout the whole company from field to CEO. Defining the leading activities that create those outcomes is another 10X more difficult. #businessmanagement #metrics #dbmteam
Contractor Scoreboard - Disciplined Execution
dbmteam.com
-
Outcomes are created through doing the right activities. Data is only a proxy for that activity and a metric is a synthesis of lots of data points. Metrics are valuable, but always have a skeptical view of proxies for performance - especially with growth. #businessmanagement #scoreboard #technology #dbmteam
Connecting Metrics to Activities and Outcomes
dbmteam.com
-
There is a high correlation between contractors that have consistently GREAT safety records and consistently GREAT profitability, growth, morale and talent retention. #culture #safety #talent #dbmteam
Correlation Between Safety Culture and Profitability and Growth
dbmteam.com
-
Knowledge Management is a complex topic and the contractors who learn to manage it the best will have an edge in the market. There are several models that can help you visualize the differences between different types of “knowledge” in your organization. #businessmanagement #strategy #talent #dbmteam
Knowledge Management Pyramid
dbmteam.com
