IMF Headquarters 1 Renewal

A Robust Modernization
Group PMX was hired by the International Monetary Fund (IMF) to refocus on vital project objectives: project delivery, QA/QC, commercial aspects, and team collaboration. IMF had the project underway to renovate the interior of its 1.4 million square foot Headquarters 1 (HQ1) building while it remained operational and brought our team on board to ensure project completion.

HQ1 accommodates about 2,300 personnel across 13 above-ground and five below-ground floors. The project aimed to optimize public spaces, enhance office natural lighting through better layouts, and modernize building systems and technology. The renovation encompassed an atrium/plaza, kitchen, dining areas, parking garage, mechanical rooms, rooftop penthouse, and new roofing. Upgraded systems included fire/life safety, sprinklers, HVAC, boilers, water pumps, extensive piping, lighting, controls, and 35,000 light fixtures.

Deploying the CM Neutral Approach
Group PMX deployed our CM NeutralSM approach, fostering collaboration and open communication. We rebuilt relationships among stakeholders, designers, contractors, and vendors, eliminating hindrances caused by inefficient processes created due to mistrust. This strategy accelerated the project, shaving a year off the timeline. We also restructured the project organization, streamlined processes, and strategically phased mechanical equipment replacement. Consequently, the project concluded the remaining 50% scope in two years and achieved 12-month schedule savings, reducing the cost at completion by a substantial sum.