
Discover delivery systems, payment options, and procurement methods, and follow the project life cycle from master planning to project administration to deliver safe, high quality construction projects.
Explore design-build, where the owner hires a design-builder that combines design and construction under one roof, often enabling early construction and fast tracking while managing risk.
Compare major project delivery systems—design-bid-build, design-build, CM at risk, multiple prime, and integrated project delivery—and highlight their advantages, disadvantages, collaboration, and risk allocation.
Explore project delivery systems, including public-private partnerships, and how finance, design, build, operate, and maintain megaproject decisions. See a Denver-area example showing how owners evaluate delivery options in early planning.
Assess delivery systems for a cookie-cutter fast-food restaurant, considering geotech, soils, water table, climate, and codes. Choose design-build and bid to finish the design and start flipping burgers.
Assess a land development project’s earthwork, utilities, pavement, and landscaping while comparing delivery systems like design-build, CM at risk, and multiple prime, including an owner's rep adviser.
Explains time and material contracts for short-term, ill-defined scopes, including verifying labor, equipment, hours, and materials, and outlines rates, overhead, and not-to-exceed pricing versus cost-plus.
Concludes part 2 by comparing payment and procurement options, and detailing cost estimating, contract types, and scheduling as core construction management skills.
In Part 2 of 4 in the Construction Management Fundamentals course series, you'll learn about the major project delivery systems, payment and procurement options. Specific topics include Design-Bid-Build, Design-Build, CM at Risk, Multiple Prime and Integrated Project Delivery. You'll learn about Lump Sum, Cost Plus, Unit Price and Time & Materials payment methods. Wrapping up this part of the series, you'll be able to distinguish the difference between low bid, best value and qualifications based selection. This course is the foundation for the contract relationships between major parties.