High School

Select the correct acronym below for a recently developed building construction project delivery method that is highly collaborative and features shared risks and rewards.

A. DB
B. DBB
C. IPD
D. CM

Answer :

Final answer:

The acronym for a collaborative building construction method with shared risks and rewards is IPD, which stands for Integrated Project Delivery. therefore option (c) is correct

Explanation:

The correct acronym for a recently developed building construction project delivery method that is highly collaborative and features shared risks and rewards is c) IPD, which stands for Integrated Project Delivery. This method involves fully participating in the design-build process and keeping your design within budget limitations. In Integrated Project Delivery, all parties involved in the construction process, such as the owner, architect, and contractor, work together from the start of the project to ensure efficiency and alignment with project goals.