project management – Page 299 – ManualFind

Management contracting,”Most of the risk is on the client because there isnt clarity on cost or program bids-Used in large and complex projects-Flexibility is a key requirement-Projects that require labor, materials, and supply-Projects that need different contractorsAdvantages:-Completion on time in good qualityDisadvantages:-Expensive

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Construction Method

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Advantages of Construction Management

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Design and Manage,”Similar strategy to management contractingContractor paid fee to manage and assume responsibility

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Traditional Procurement,”Method developed to satisfy clientClient appoints consultant to design and control the costAfter design stage, client appoints main contractor to start projectClient has full control over design qualityBest bid is obviousUsed in complex projects

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Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Traditional Procurement,”Method developed to satisfy[…]

Advantages of Design and manage,”-Client dealing with one organization firm. Creates opportunity to improve cooperation between teams, design team, and construction team-Overlapping design and construction phase. Saves time.-Improve constructability by constructor in design-Roles, responsibilities

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When to use traditional procurement

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Disadvantages of Design and Manage

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Advantages of traditional procurement

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Cost Reimbursement,”Separating responsibility and management in design and productionStart working immediately without needs for details of the contractFinal cost is nonspecific. No price till work is completed.Contract documents on basis of information in schematic design, specs, and price chartsUsed in emergency work

June 21, 2017 mfadmin Project Management

Average Rating 0 out of 5 stars. 0 votes.You must log in to submit a review.Cost Reimbursement,”Separating responsibility and management[…]