ch6_partnering_1

Strategic partnering provides the full benefits of

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: rojects. • The benefits increase as each project undertaken profits from the lessons learnt from previous projects. • Strategic partnering provides the full benefits of partnering because it allows time for continuous improvement. 6 • Essentially, partnering aims at: 1. Meeting the mutually agreed project objectives by cooperation, teamwork and mutual trust, rather than by confrontation 2. Placing value on long-term relationships 3. Equitable _________________ 4. Improving communication and understanding 5. Lowering project costs, reducing project time and improving quality 6. Encouraging ____________, waste reduction and better longterm profitability 7. Minimizing contractual conflict and reducing waste 8. Achieving a better project outcome through the earlier involvement of all the members of the ______________ 9. Establishing a responsive project organization focused on decision making 7 2 Benefits of Partnering? • Practitioners may ask, “What benefits will partnering give me?” • The major primary stakeholders in a partnering project: – The project owners (clients) – The main contractors – The design team (architect, engineer and consultant) – The spet contractors – The sub(sub)contractors – The suppliers 8 2 Benefits of Partnering? • (All) Improved relationships and communication among project participants • (All) More efficient resolution of problems due to open communication • (All) Reduced exposure to litigation through open communication • (All) Increased opportunity for a financially successful project because of non-adversarial win-win attitude • (All) Long-term trusting relationship achieved • (Client, Main Contractor) Lower risk of cost overruns and delays due to better time and cost control • (Main Contractor) Better time and cost control over project • (Design Team, Contractor) Enhanced role in decision-making, as an active team member in providing interpretation of design intent and solutions to problem...
View Full Document

Ask a homework question - tutors are online