Integrated Project Delivery is characterized as a project delivery method that fully integrates and seeks to align the financial interests and success objectives of the big four stakeholders – owner, architect, engineer, and contractor – together with all the periphery team members, starting from conception and continuing through the final project turnover.
Collaboration and mutual trust are critical to the success of the IPD method. IPD demands a collaborative approach such that each project stakeholder focuses on creating maximum value for the owner while the design team rewards are fully aligned with the owners desired outcomes.