What is the integrated approach in Integrated Project Delivery?

The integrated approach in Integrated Project Delivery (IPD) emphasizes collaboration among all project participants, including the owner, architect, contractor, and other stakeholders. This collaborative environment fosters an atmosphere of shared responsibility and mutual goals. By risk sharing, all parties invest in the project's success collectively, which promotes openness and communication. This alignment facilitates better decision-making and enhances the potential for innovation, ultimately leading to improved project outcomes.

The concept of risk sharing is core to the integrated approach because it acknowledges that each participant has a vested interest in the project’s performance. When risks are distributed, the parties can work together more effectively to mitigate them, leading to more efficient problem-solving and project delivery.

In contrast, the other options reflect methods that do not align with the principles of integrated project delivery. Working independently, focusing solely on cost reductions, or concentrating decision-making power in one role undermines the collaborative framework that IPD aims to achieve. Understanding this collaborative aspect is essential for successful implementation of Integrated Project Delivery practices in BIM and construction management.