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Pitfalls of the Construction Process

  • Are you willing to Man the PROJECT? In House, Consultant
  • Schedule
  • Selection of Architect and Contractor
  • Who are the most IMPORTANT PEOPLE on your project?
  • Budget?
  • Type of contract

    1. Design Build
    2. Construction - Management
    3. Guaranteed Maximum Price
    4. Design - Bid - Build
  • Contract/Specifications
  • Other

Risk Allocation

  • The Owners Role in Allocating Risk
  • Transfer all the risk to other parties in the contract
  • Wise allocation and management of risks
  • Some examples of risks that may effect project costs or schedule

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