Brian, from my benchmarking experience, a main interest of business is always time and money and the predictability thereof. Therefore, key metrics are actual/estimate cost growth and schedule slip (i.e., variation from approved amounts; aka contingency usage). I would suggest reading Ed Merrow's (owner of IPA, an AACE corporate sponsor) recent book "Contract Strategies for Major Projects". IPA has been quantitatively studying delivery methods for its owner clients for over 30 years. Of course, there are other measures like quality, operability, safety, satisfaction, etc, but money (and time is money) is usually at the top for shareholders or tax/rate payers.
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John Hollmann CCP CEP DRMP
Owner
Validation Estimating LLC
Leesburg VA
1 (703) 945-5483
jhollmann@validest.com------------------------------
Original Message:
Sent: 08-16-2023 03:40 PM
From: Bryan Dewberry
Subject: Project Success Metrics Based on Delivery Method
We had an internal audit recommend that we update our reporting to ensure different project delivery methods (design-bid-build, progressive design build, CMAR) are measured by success metrics. We do perform extensive reporting on our projects, with success metrics, but they cover all delivery methods in general. The recommendation that each delivery method should have specific success metrics.
So, what have you seen, or used, as success metrics based on delivery method? Something around pre-construction services? Risk? Allowance or contingency usage?
Interested in your thoughts. Thanks.
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Bryan Dewberry
Senior Manager Project Controls
JEA
Jacksonville, FL
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