Review:
Construction Management At Risk (cmar)
overall review score: 4.2
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score is between 0 and 5
Construction Management at Risk (CMAR) is a delivery method in construction projects where a single entity, the construction manager, is involved early in the design process to provide preconstruction services, cost estimating, and project scheduling. The CMAR acts as a consultant during design and assumes the risk of delivering the project within a Guaranteed Maximum Price (GMP). This approach promotes collaboration among stakeholders and aims to streamline construction, control costs, and improve project quality.
Key Features
- Early involvement of the construction manager during project design
- Collaborative approach among owner, designer, and contractor
- Provision of preconstruction services including cost estimating and scheduling
- Guarantee of maximum project cost through GMP arrangement
- Shared risk between owner and construction manager
- Potential for faster project delivery due to overlapping design and construction phases
Pros
- Facilitates early collaboration leading to innovative solutions
- Provides cost control with GMP guarantees
- Enables faster project completion through overlapping phases
- Improves communication among stakeholders
- Allows for flexibility in design adjustments during construction
Cons
- Requires a high level of trust between owner and construction manager
- Potential for conflicts over scope or costs if not managed properly
- Can be more complex to negotiate due to shared risks and responsibilities
- May involve higher initial preconstruction costs compared to traditional methods