PDM
PDM, or Project Delivery Method, defines the approach for organizing and financing the design, construction, and operation of a project, influencing its timeline, cost, and quality.
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Definition
PDM stands for Project Delivery Method, which refers to the approach used to organize and finance the design, construction, and operation of a project.
Purpose
The project delivery method determines the relationships and responsibilities of the parties involved in a construction project, including the owner, designer, and contractor. It affects the project's timeline, cost, and quality.
Examples of Use
- Design-Bid-Build (DBB): The traditional method where design and construction are separate contracts.
- Design-Build (DB): A method where design and construction services are contracted by a single entity.
- Construction Management at Risk (CMAR): A method where a construction manager is involved from the design phase and assumes risk for construction performance.
Related Terms
- Contractual Relationships: The formal agreements between parties outlining roles, responsibilities, and obligations.
- Project Management: The process of planning, executing, and overseeing a project to achieve specific goals.
- Procurement: The process of acquiring goods, services, or works from an external source.
Notes
- Selection: Choosing the right project delivery method is crucial for the success of a project, as it influences cost, schedule, and risk management.
- Flexibility: Different methods offer varying levels of flexibility and control for the project owner.
Related Terms
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