Owner’s Perspective: Managing the Commercial Aspects of an IPD Project
Time: 10:40 am
day: Day One
Details:
• Firsthand account of what to be prepared for as the project transitions from Validation through Construction
• Establishing trust and transparency by discussing the commercial & financial intricacies openly to align expectations and outcomes from the outset through to final completion
• Developing a target cost that aligns with both the owner and contractor’s commercial perspectives
• Implementing robust cost controls, regular financial reporting and strategic financial planning to maintain adequate cash flow and release of profit pool
