The CM Contracting System: Fundamentals and PracticesThis text explains the CM system as completely as possible; provides an insight to its philosophy; develops its fundamentals, practices and procedures; and provides a bench mark for understanding CM as it is, has been and can be practiced. CM is essentially a management process that is highly dependent on extensive competence in the technical aspects of contracting and construction. This text focuses on the management aspects but also addresses the scope of technical requirements and the sources where they can be found. |
Common terms and phrases
A/E and CM activities administration area of knowledge assigned award bid shopping bidders bidding documents bonds budget Chapter checks and balances CM contracting CM firm CM organization CM project manual CM services CM system CM's conflict of interest construction industry construction manager construction phase contract documents contracting structure contracting system Coordinator D-B contractor D-B system decisions design phase design-bid-build design-build estimating expertise fast-tracking Field CM Figure form of CM forms and variations GC and D-B GC system Guaranteed Maximum Price included independent contractor involved Level 2 Person management area Management Plan material and equipment Material/Equipment meetings operations owner's best interests performance post-bid potential pre-bid prime contractors procedures program schedule progress payments project delivery Project Management project team proposals punch list resource Schedule of Values selection specific subcontractors submit suppliers surety bonds team members tion trade contractors value engineering value management work-scope