Managing Risks - Department of Public Works and Services
Managing Risks - Department of Public Works and Services
Managing Risks - Department of Public Works and Services
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Construction Management - General<br />
Regardless <strong>of</strong> “at risk” or “not at risk”, must<br />
clarify <strong>and</strong> then control:<br />
Contract Team (bait <strong>and</strong> switch, departures)<br />
Contract Fee<br />
Disbursements (internal, from affiliates, markups)<br />
Own Forces work<br />
Sharing risk <strong>of</strong> savings <strong>and</strong> over-runs<br />
Construction Management:<br />
Theoretically superior - but theory not always reality<br />
Often becomes “cost plus” in reality regardless <strong>of</strong><br />
pricing structure<br />
34
Change language