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Turnkey Project

The turnkey project approach offers a collaborative path for project owners and contractors.

What is Turnkey Project?

Turnkey project approach offers a collaborative path for project owners and contractors. The contractor takes full responsibility for all project stages, from meticulous engineering design to final construction, streamlining the process for the owner. This contrasts with the traditional design-bid-build (DBB) method, where various responsibilities fall upon the owner.

Turnkey project provide a unified solution by integrating aspects like design, financing, procurement, subcontracting, and construction under one umbrella. This establishes a single point of accountability, which enhances efficiency and simplifies project management for the owner.

The Advantages of Turnkey Project

Turnkey projects, also spelled turn-key, provide significant benefits for developers and owners alike:

  • Cost Certainty: Owners secure a fixed project cost upfront, eliminating potential cost overruns.
  • Time Efficiency: Owners can focus on core business operations while the turnkey provider handles all project aspects.
  • Reduced Hassle: Owners are relieved of navigating legal and technical complexities, focusing on business priorities.
  • Expert Guidance:Turnkey providers offer specialized knowledge, ensuring adherence to industry standards.
  • How does RDash help in turnkey project

    Enhanced Collaboration and Communication:

  • RDash serves as a central repository for project information and communication, streamlining collaboration.
  • It facilitates seamless communication with stakeholders, ensuring active involvement throughout the project lifecycle.

  • Optimized Project Planning and Scheduling:

  • RDash enables efficient task management, deadline setting, and real-time progress tracking.
  • It tracks resource allocation and optimizes utilization for on-time, on-budget project completion.

  • Effective Cost Control and Risk Management:

  • Real-time monitoring of expenses against the budget enables early identification of cost overruns.
  • RDash assists in identifying and mitigating potential risks, ensuring smooth project execution.
  • Related Glossary


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