Guaranteed Maximum Price vs. Estimated Maximum Price
Nov 29, 2019Building construction is not an easy task. There are not only a lot of moving parts in the process of construction; behind the scenes, there is a flurry of activity. The larger the building project, the more complex it is to attain funding...
Pure CM vs. Construction Manager-as-Agent vs. Construction Manager-at-Risk
Nov 27, 2019Construction managers (CMs) are often involved in large and complex construction projects. CMs offer a unique skill set and experience as they are trained specifically for building construction management through a higher education degree...
Construction and Evaluation: At Risk
Nov 22, 2019In project delivery methods, a commonly heard term is "at risk." It sounds precarious although, in reality, it is about assigning risk for a project. Typically associated with guaranteed maximum prices (GMPs) or construction contracts with a...
Construction and Evaluation: Design Build Project Methodology
Nov 19, 2019There are many ways to build a building. The "how" is referred to as the project delivery method. These various methods came about for many different reasons and trends within the building construction industry. Design-build (DB) is one of...
ARE Study Materials
Nov 15, 2019NCARB offers a list of study materials for each exam in the ARE 5.0 Handbook (downloadable as a PDF on its site). However, if you add up the costs of all the resources and time it would take to read through them all, it becomes daunting and...
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