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{"id":1433,"date":"2013-05-06T16:33:41","date_gmt":"2013-05-06T21:33:41","guid":{"rendered":"http:\/\/projectprofessionals.org\/?p=1433"},"modified":"2013-05-06T22:14:38","modified_gmt":"2013-05-07T03:14:38","slug":"a-view-from-the-field-project-execution-contracting-strategies-large-and-complex-industrial-projects","status":"publish","type":"post","link":"http:\/\/projectprofessionals.org\/2013\/05\/06\/a-view-from-the-field-project-execution-contracting-strategies-large-and-complex-industrial-projects\/","title":{"rendered":"A View from the Field Project Execution \/ Contracting Strategies Large and Complex Industrial Projects"},"content":{"rendered":"

This article from the Division 1 of the ABA Forum on the Construction Industry Newsletter<\/strong> \u201cThe Dispute Resolver\u201d<\/strong> represents George T.<\/strong> McLaughlin\u2019s<\/strong> <\/a>\u201cView from the Field\u201d formed throughout the course of his 30+ year career in the industrial marketplace.[1]<\/a>\u00a0\u00a0 His article is broken into four parts.\u00a0 Part 1, below, describes the evolution of the delivery systems in large and complex industrial projects[2]<\/a>. The remaining sections, which we will publish in our next three newsletters, will discuss the legal implications (Part 2), impact on claims, disputes, and resolutions (Part 3), and prevention and corrective processes (Part 4).<\/p>\n

Part 1 of 4 \u2013 Framing the Issue<\/span>\u00a0<\/span><\/strong><\/p>\n

When the earth\u2019s tectonic plates shift, unless there is a resulting earthquake, it goes unnoticed.\u00a0 The movement is not perceptible.\u00a0 Nevertheless, major changes are occurring.\u00a0 In large and complex projects, with three to five (or longer) year schedules, industry shifts may not be perceptible.\u00a0 Nevertheless, major changes and related impacts may be in progress.\u00a0 Trends and changes in project execution and contracting strategies are similar.\u00a0 These trends, however gradual and unnoticed on a daily or monthly basis, cause major impacts on existing and future projects.\u00a0 While industry experts cite or drive these changes, the impact on the field may be delayed or go unrecognized by many, if not all stakeholders. \u00a0The business motivations driving the trends discussed below are varied and complex.\u00a0 Perhaps, the central theme is risk tolerance or management.\u00a0 The large worldwide prime\u00a0contractors (typically Engineer Procure Construct) migrated toward limiting major risks by limiting scope of work, insisting on reimbursable cost (as opposed to fixed price) commercial\u00a0\u00a0terms, or both. \u00a0Owners chose to limit or compartmentalize risks by breaking scope of work into smaller packages and seeking fixed price on these smaller packages.\u00a0 Construction Contractors retained a willingness to work on fixed price commercial terms; but, increased their tendency toward claims and disputes processes in order to manage their risks.\u00a0 Collectively, we see a myriad of fixed price scope of work packages being pieced together to form a complete project.\u00a0 Formerly, this mosaic of work scopes was under one Prime Contract.<\/p>\n

Background<\/span><\/b><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Definitions<\/i><\/b><\/p>\n

The following simplified definitions will be used throughout this article:<\/p>\n