You work for a large engineering design firm that receives a contract to build a new multi-level sports and fitness complex. It's a lucrative contract, but the hitch is that the project must be completed on a tight time frame with no cost overruns. In this situation, which of the
following might your company do to best advantage?
Assign separate teams to the design phase, choose the best design, and then contract out construction to the bidder that best balances
low cost with high qualifications.
Assign a single team to the project and involve the contractors as part of the in-house team.
Do the design work in-house and then have the design team contract out the construction work to the lowest bidder
, to be managed by a
team the contractor assembles.
Do the design work in-house and then have the design team contract out the construction work to the bidder with the best qualifications,
to be managed by a team the contractor assembles.