"The risk, as far as losing money, is minimal," says Edwin Najarian, a structural engineer principal with TTG Corp. TTG's profit on IPD jobs has been "the same or a little less" than usual, he adds.

Three-dimensional information, such as that provided by building information modeling, allows all members of the Building Team to visualize the many components of a project and how they work together.

Every few decades, the construction industry — in its “brute force” way — tries to come up with a better way of delivering to its customers. This is typically done through a new type of contracting ...