Can someone define the differences/key points of these project delivery methods? Do all CM methods typically do a guaranteed maximum price? Thanks!
-CM as advisor
-CM as agent
-CM as constructor
-CM at risk
Hi @potoczakhalle - thanks for writing in!
We discuss the differences in our CE video titled ’ The Impact of Project Delivery on Bidding’.
To summarize - CM at risk and CM as constructor are the same thing - they’re the only type of CM that actually builds the project. They may or may not provide a GMP.
CM as agents have the ability to make decisions as if they are the owner, and CM as advisors simply advise the owner, who ultimately makes the decisions.
Hope that was helpful and check out the video noted above for more details!
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Perfect, thank you so much!
HALLE POTOCZAK
Architectural Designer
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