Owners are the stewards of the build environment.

The role of a real property owner is to facilitate the efficient life-cycle management of the built environment supported and/or enabled by digital technology, within the context of their mission and the community at large.

Best management practices include:

1.) A focus upon efficient and collaborative LEAN construction delivery methods, inclusive of robust elements and workflows (i.e. integrated project delivery – IPD, job order contracting – JOC),

2.) the integration of multiple disparate competencies and technologies, and

3.) a life-cycle cost perspective versus first-costs.

Many if not most public and/or commercial real property portfolios have failed to meet their stewardship responsibilities. Efficient management of the renovation, repair, maintenance, sustainability, operations, construction, and deconstruction of the built environment requires global oversight and local implementation of transparent LEAN business practices in order to simply get more project completed on-time and on-budget.

Until it is recognized that management, communication, and transparency require standardized terms, definitions, and collaborative construction delivery methods… all supported by appropriate technologies to enable consistent and lower cost deployment…  better decision-making will remain unattainable, as will construction productivity improvements.

 

Benefits collaborative construction delivery and best management practices:

1. Lower total cost of ownership of the built environment

2. Transparency timely, accurate, reusable information for all stakeholders (owners, contractors, oversight groups, building users, business product manufacturers, …)

3. Early and ongoing, consensus driven, information sharing among all shareholders via established products, methods, and information formats;

4. Shared and performance-based risk/reward

5. Better insight and predictability of costs and outcomes