Construction Manager at Risk (CMAR)

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CMAR is a construction project delivery method where the owner hires a construction manager (CM) to complete the project to a Global Minimum Requirement (GMR).

Unlike other methods of delivering construction projects where the owner takes charge, the construction manager at CMAR oversees everything from the design process to completion.

As a key consultant, the construction manager advises on budget, schedule, quality and feasibility. In addition, if costs exceed the initial estimate, he or she will cover the additional costs, ensuring peace of mind for the owner.

Let's see how this method works:

Construction Manager Selection: The owner selects the construction manager based on india whatsapp number data his experience, results, and successful attempts on complex projects. Sometimes, the owner asks construction project manager interview questions to find the perfect candidate.
**Once selected, the construction manager works with the owner to understand the scope of the project. From this information, the PMP is adjusted to cover fees, materials, labor, and contingencies.
Strategic Consultant: The contractor acts as a consultant, suggesting potential cost savings through material choices, design adjustments, and constructability reviews. This keeps the project aligned with the project budget and schedule.
Construction Management: During construction, the construction manager coordinates subcontractors and engineers, monitors progress, and resolves issues. He or she keeps the owner informed and ensures that the project meets its plans and costs.
Completion: Once construction is complete, the contractor takes care of any outstanding payments, resolves any issues, and provides manuals and warranties for future maintenance.
**Advantages

Early cost estimates give clarity to the owner

The PGE sets a cost cap, which reduces the risk of budget overruns

Disadvantages
Not ideal for accelerating project execution

The correct approach to the project depends on the skills and experience of the CM