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| Topic: |
Technology
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| Number of pages / Number of words: |
5 / 1225 |
Essay's paper body
Contract Management
Another ‘fast track’ strategy where work can be carry out before the design is complete. Construction manager is appointed in early state may benefit to the client. For this strategy, client have direct contract with the trade contractor. Same as management contracting, the final cost for the project can not be identified until the final work has been awarded...
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Construction manager is appointed in early state may benefit to the client. For this strategy, client have direct contract with the trade contractor. Same as management contracting, the final cost for the project can not be identified until the final work has been awarded.
Advantages :
- Suitable for project with high level of complexity
- Client control the design
- Change of design has little impact on the project time table
- Direct contract with sub contractor can get a lower price
Disadvantages :
- Pre construction price uncertainty
- Most of the construction risk falls on client
- Construction manager has little risk
- Client has to be experienced in order to undertake this type of contract
4...
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General points of the essay
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Procurement Strategy For A Construction Project
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