The Journal of Engineering and Construction Management recently published a study that found the design-build delivery method in construction contracting results in a majority of on-time projects, but half of projects using that method run over budget.
The study said that the perception of design-build’s cost savings advantage was uncertain. Researchers in China and Australia studied 418 projects in the Design-Build Institute of America database and found that although half of them resulted in cost overruns, and 75% were completed on time or ahead of schedule.
The Design-Build Institute of America responded to the study results and asserted that the researchers are off the mark, saying that they did not account for possible additional costs resulting from owner-initiated scope changes.
Related Stories
Building Team | Jan 10, 2019
Skilled labor shortages continue to make off-site fabrication and construction attractive
But the AEC industry’s “culture” impedes greater acceptance, according to a recent National Institute of Building Sciences survey.
Building Team | Jan 7, 2019
2019 outlook: Firms not betting on another record-setting year
Despite the positive indicators for the market, AEC professionals remain largely cautious when it comes to growth prospects for 2019.
Building Team | Jan 4, 2019
Design-build delivery is setting new parameters for project management
FMI paper provides clues to what makes these contracts click (or not).
Building Team | Dec 11, 2018
And then there were two: HQ2 sites, in hindsight, seemed obvious
The two cities already had the greatest number of Amazon employees outside of Seattle.
Building Team | Oct 16, 2018
Dead lobby syndrome: An affliction only experience can cure
The competition for great tenants has rarely been as fierce as it is today.
Building Team | Aug 21, 2018
Five habits that are keeping your digital strategy from working
Strategies are always created with the best of intentions for improving business, the effort involved in executing the strategy – especially ones involving disruptive digital capabilities – is greatly underestimated.
Building Team | Aug 17, 2018
Silicon Valley is here. Get over it.
AEC firms continue to have angst about a tech-industry takeover of the market. One expert’s advice: “Embrace technology. Do not fear. You can shape it.”
Sponsored | Building Materials | Aug 1, 2018
Building for now... and the future
Metal building systems are often selected for large-sized structures, and with good reason.
Building Team | Jul 30, 2018
Construction tech is the new investment darling for VC funds
In the first half of 2018, venture capital firms invested $1.05 billion in global construction tech startups, setting a record high.