With the construction industry back on track, the time is right for construction firms to evaluate the emerging trends in the way construction projects are designed and constructed. Ensuring that your business models are in line with these changes will enable your company to stay competitive as our world evolves. The Construction Financial Management Association (CFMA) reported in a 2014 article that the integration of design with construction was one of the megatrends emerging from the recession. This integration, commonly known as the design-build project delivery method, is defined by the Construction Management Association of America as "a project delivery method that combines architectural and engineering design services with construction performance under one contract." Citing surveys conducted by FMI, a leading provider of management consulting, the CFMA states, "One of the perennial standout requirements mentioned by [project] owners is the increasing need for greater collaboration." During the recession, some owners focused on the lowest price. However, the article noted that "FMI's most recent study of owners indicated that, although they are taking advantage of a low-bid environment, owners are not abandoning their approach to best-value procurement."
展开▼
