“IPA’s success as a company is a direct reflection of our commitment to serving our clients’ best interests. Trust is essential to making it work.”
About IPA
Our History
IPA’s mission and principles of operations
have not changed since our founding
Edward Merrow, Founder and President
History
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1987
IPA is founded by Edward Merrow in the basement of his home
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1990
IPA moves out of Merrow’s home to an office in Reston, Virginia
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1992
The Industry Benchmarking Consortium (IBC) is established
The formation of the Upstream IBC (UIBC), along with cost sub-committees (Cost Engineering Committee and Upstream Cost Engineering Committee), would soon follow
IPA opens its first international office in the Hague, the Netherlands
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1996
IPA opens an office in Melbourne, Australia
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1998
Edward Merrow wins the Construction Industry Institute Carroll H. Dunn Award of Excellence to honor an individual for accomplishments in improving the cost effectiveness of the construction industry
IPA’s research group, now known as the Projects Research Division, is formed
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2001
IPA corporate headquarters moves from Reston, Virginia to Ashburn, Virginia
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2002
The IPA Institute, IPA’s project management training division, is founded
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2006
IPA opens offices in Singapore and Reading, United Kingdom
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2007
IPA opens an office in Curitiba, Brazil
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2011
Edward Merrow’s first book, Industrial Megaprojects: Concepts, Strategies, and Practices for Success, is published by Wiley in May 2011
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2012
Edward Merrow receives the 2012 AACEI Award of Merit, the association’s highest individual honor for outstanding service and meritorious accomplishments in the cost management and cost engineering profession
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2014
IPA recognized as one of the Washington Post’s Top Workplaces in the Washington, D.C. area
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2016
Paul Barshop’s book, Capital Projects: What Every Executive Needs to Know to Avoid Costly Mistakes and Make Major Investments Pay Off, is published by Wiley in September 2016
IPA receives the Industrial Appreciation Award, AACE International’s highest corporate honor for cost management service
- 2017
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2018
Co-written by Edward Merrow and Neeraj Nandurdikar, IPA’s third book, Leading Complex Projects: A Data-Driven Approach to Mastering the Human Side of Project Management, is published in May 2018
The 20,000th project is added to the database
IPA Capital Solutions identified by ALM Intelligence as a global leader in capital projects and infrastructure consulting
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2020
IPA forms the Carbon Working Group and launches tools for improving the carbon competitiveness of capital projects
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2022
Contract Strategies for Major Projects: Mastering the Most Difficult Element of Project Management, written by Edward Merrow, is published in December
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2024
Industrial Megaprojects 2nd Edition by Edward Merrow is published in August
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