Answer the following question: a) What is the main difference between the CM and CM at...

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Civil Engineering

Answer the following question:

a) What is the main difference between the CM and CM at riskcontracts?

b) Write the general format (equation) for each type of thenegotiated contract

c) If free float = 6 and total float = 5, explain the meaning ofthese 2 numbers?

d) How to prepare the detailed Estimate?

e) During what period a contractor can withdraw the bid withoutpenalty?

f) What is the project triangle? Explain the effect of increase ofeach one on the others?

g) What are the main steps used to estimate the total projectcost?

h) List the four items that need to be identified when planning forWBS?

Answer & Explanation Solved by verified expert

3.6 Ratings (343 Votes)

a CM The construction manager is the person who is an agent of the owner A CMAgent helps the owner to make critical decisions about a project but does not actually commited to delivering the project under the boundations CM at risk Contracts Construction management atrisk is the situation where the construction manager is legally responsible for delivering the project ontime and onbudget and subcontracting for timely payments down the chain b See Answer

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