Overview of the Construction Management at Risk Delivery Method

As the project manager and estimator of Greg Opinski Construction Inc., Greg Opinski is responsible for estimating costs, creating work schedules, and finalizing contracts for remodels and new construction projects. When working with commercial projects, Greg Opinski offers different construction delivery methods to meet the needs of his clients and deliver successful results.

Construction Management at Risk, or CM at Risk, is one of the common types of delivery methods in construction which ensures that the project is delivered on time and within budget. A construction firm acts as a consultant and project manager with authority to hire and manage subcontractors, develop construction schedules, create project budgets, analyze cash flows, and close out contracts.

With the CM at Risk method, owners can take advantage of the full pre-development services offered by a reputable construction management firm without the risk of going over budget. The construction management firm commits to a fixed or guaranteed maximum price which reduces the liabilities incurred by the owner. Further, the construction manager will be accountable for the additional costs for any changes outside the initial agreement.