So you’re ready to dig a hole and put a building in it. Your organization has its proverbial work jeans on and it’s ready to go. Nothing is going to stop you from getting this project done because you needed it yesterday. Ever been there before? Are you there right now?
Stop. Take a deep breath and put your slacks and tie back on because you’ve some business to take care of first. Let’s start with a question: Do you know what type of construction delivery method you want for your project? Did you even know there was more than one?
The importance of choosing which construction delivery method is right for you is absolutely crucial and will determine exactly how your project will go from here on out. It could even determine whether you spend the length of your project curled up in the fetal position under your desk or getting congratulated by your peers like a Super Bowl champ.
All jokes aside, your project is a serious venture and a period of great stress. You’re starting your project because of a change in the needs of your facility. To make this project happen requires a lot of money. To make sure it’s done right requires the right delivery method.
So which method is right for you? As the saying goes, there’s more than one way to skin a cat. In the coming weeks, we’ll talk more about the three types you’re most likely to encounter: Lump Sum, Design/Build and Construction Management At-Risk (CMAR).
Choose wisely when starting your next building project. If you’re always aiming for the lowest cost, you’re doing it wrong. Remember that you’re not just building four walls and a roof. You’re building a legacy. And value is of the utmost importance.