Most project delivery models popular in the United States determine compensation based on capped hourly fees or a percentage of construction cost rather than value brought to the client. Embedded legal and profit considerations often discourage knowledge sharing or collaborative identification and resolution of problems. Yet several emerging project delivery models can encourage collaboration and provide tangible rewards for value creation and achievement of project goals. Case studies will be featured to show the results for real projects delivered under these new models.

   Learning objectives:

• Identify emerging project delivery models that reward value creation
• Describe how these models encourage integrated practice and collaboration
• Explain the risks and opportunities of ad-hoc vertical integration