If an owner has only a fixed amount to spend and would not build a project if its cost would exceed this amount, construction management would be the preferred delivery method.

Question

Quizplus · Accepted Answer

Construction management does not guarantee a fixed project cost upfront; it provides flexibility and expertise in managing the project, but the final cost can vary based on actual expenses. A design-build or a lump-sum contract might be more suitable for a fixed budget scenario.

If an Owner Has Only a Fixed Amount to Spend