Friday, September 23, 2011

Risk

Design and Build Method
- All the risks can lie almost wholly with the contractor


Management Contracting method
- The client ratain most of the risks .

Traditional method
-The risks are generally fair and balanced between the parties to the cotnract .

Price Completion

Traditional method
This method allows certainty in cost and time before coimmitment to build . There will be clear accountability and cost minitoring at all stages .

Management Contracting Method
-The client is committed to start building on a cost plan , project drawings and specifications only .

Design and Build Method
The client can expct a guaranteed cost and completion date .

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