What Are The Advantages Of A Turnkey Project?

When it comes to designing and installing your pharmaceutical and medical factory, there are two main options: Turnkey and Design-Bid-Build (DBB).

The one you choose will depend on many factors, including how much you want to be involved, how much time and resources you have, and what has or hasn’t worked for you in the past. 

With the turnkey model, one organization oversees more parts of your project and takes on more responsibility. Under the DBB model, you as the project owner would be the main contact for all those parts, and maintain most of the responsibility. Phases of a turnkey project can overlap, whereas phases of a DBB project are usually carried out separately. DBB requires that you work closely and coordinate with every vendor and contractor, or hire a third party to do so, something that you won’t necessarily have to do if you opt for a turnkey solution.

With our expertise in turnkey projects, at IVEN Pharmatech we can provide you with the guidance and support that your project needs. In today’s blog post, we’ll discuss the benefits of a turnkey project over other industry methods.

What is a turnkey project?

A turnkey project provides you with an all-in-one solution for developing and delivering a project from its beginning to its end. Turnkey projects include planning, concept and design, production, installation, and quality control – all handled by a single provider. Essentially you purchase a comprehensive package and then you receive a complete, fully functional end product.

Would this solution be a good fit for your project? Deciding if a turnkey solution is right for you might depend on the level of involvement you would like to have. If you want to keep track of and manage multiple vendors and the workflows, then the DBB model might be a better option for you. If you’d rather give that work to someone more experienced with the intricacies of the interiors and have less on your to-do list, let’s talk about setting up your turnkey project. 

Three Benefits Of A Turnkey Project

Time savings, a more efficient process, and a lower likelihood of complications are just a few of the benefits of a turnkey project. When it comes to pharmaceutical and medical factory, there are many reasons to consider this method. This is especially true if you have a small, internal structure and less resources to dedicate to project management. 

Each project we take on is overseen by our skilled and experienced project managers, starting with the Pre-engineering consulting service and continuing training for skilled workers and so on.Ringing us on board early on can save you the hassle of dealing with the many complexities that come with a pharmaceutical and medical factory and give you the confidence that it will be completed to the highest standards. 

Streamlined project management 

A big advantage of a turnkey project is its centralized management structure, under which multiple operations are managed by one organization. This means that throughout the process, you won’t have to resolve every problem yourself. In the event of any concerns, we’ll work to take care of them first before getting you involved. This also eliminates the potential for finger-pointing, which is a very unpleasant and unproductive occurrence that you may have dealt with in the past. Plus, over the last 18+ years, we’ve already seen every mistake or project pitfall – we won’t let these things happen to you. 

In a turnkey project, we are able to streamline many of the steps and activities of the interiors process, and you won’t have to coordinate as much. Having that single point of contact can ultimately save you hours of time and make everything run a lot smoother. 

More accurate timelines and budgets 

By having IVEN Pharmatech coordinate the project, you can expect better predictability and use of resources when it comes to planning and execution. In turn, this results in a more accurate cost estimate and timeline.

Find Out How We Can Help Your pharmaceutical and medical factory

Our turnkey service include production process selection、equipment model selection and customization、installation and commissioning、validation of the equipment and process、production technology transferring、hard and soft documentation、training for skilled workers and so on.

CONTACT US TO SCHEDULE A CALL AND DISCUSS YOUR PROJECT!