What is IPD
IPD uses a team-based approach in every phase of the pipeline project. Instead of each party focussing exclusively on their scope, IPD brings every team member together at the beginning of the project. This allows for collaboration in all phases of the project. It starts with streamlined planning, decision making, and the development of a plan for execution where all interests are aligned to meet the objectives of the project. This better way of managing pipeline projects can reduce or eliminate change orders, schedule delays, poor construction quality, cost uncertainty, and broken relationships.
5 elements of IPD model
Early involvement of key participants
Shared risk and reward based on project outcome
Joint project control
Reduced liability exposure
Jointly developed and validated targets
Who is on the IPD team?
Key team members include the Project Owner, EPCM Consultant (Plex), Pipeline Contractors, and a Steering Committee. The Steering Committee will be made of non-project members from the Project Owner, EPCM Consultant, and Pipeline Contractor. Any third-party services will be chosen and managed by Plex Projects as the EPCM Consultant.
Early involvement by key participants is why the IPD model works so well. Joint project control with shared targets and shared risk will bring a shared reward based on project outcome. Everyone is equally invested in the project’s success. For this to work, continuous, open communication is required between the parties. Transparency and clear communication ensure everyone is in check, and that project control is balanced equally to serve the interests of all parties.
Plex has support from the Integrated Project Delivery Alliance who is made up of team members who have been successfully utilizing IPD in other industries. More information is available at their website www.ipda.ca.
Choose the better way of planning & executing pipeline projects
Benefits to pipeline owners
As the pipeline Project Owner, you’ll experience cost certainty. You will benefit from efficient and effective execution, which means higher productivity and meeting schedule milestones. You can expect strengthened relationships with external stakeholders, and your team culture will get a positive boost of morale. IPD projects see faster integration into operations. That means your project will start to produce revenue faster. It’s a better way of doing things for everyone involved.Why Plex Projects?
Statistically, our approach has more positive outcomes compared to the traditional execution of pipeline projects. Our team will use our industry expertise to develop high-value engineering and execution plans. As active members of the IPD team, we are fully committed to the success of your project for all parties. Your highly accurate project estimate will be based on the entire team’s input. That allows us to create a fixed-price contract for the construction of the pipeline project. Our profit will be contingent on the Pipeline Contractors, upon successfully meeting the project goals. Resources for the Planning phase are provided at cost, anticipating a shared profit at the end of the project. Read more about how Plex Projects’ Integrated Delivery Model can work for you.Downloads
- Basis for an Integrated Project Delivery Team: Read details about the IPD model, team, process, risk, reward, and agreements.
- IPD Presentation: This presentation shows how the IPD model functions, with practical project and compensation examples.