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How to take calculated risks

By: Language: English Series: Building ; 272(8499) 28 September 2007, 60-61(2)Publication details: 2007Subject(s): Summary: Discusses the risks involved in choosing Construction Management (CM) as a procurement route, and looks at how these can be overcome. Advises the scope of construction management projects should be clearly defined, an independent quantity surveyor should be employed as the strategic cost manager, and the project should not be started too soon. Also looks at damages and concludes that CM should not be chosen without considering how to minimise the risks.

Discusses the risks involved in choosing Construction Management (CM) as a procurement route, and looks at how these can be overcome. Advises the scope of construction management projects should be clearly defined, an independent quantity surveyor should be employed as the strategic cost manager, and the project should not be started too soon. Also looks at damages and concludes that CM should not be chosen without considering how to minimise the risks.