Which contract type is described as the least risky for the Owner, with faster speed and cost, but requires the Architect to maintain strict quality control?

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Multiple Choice

Which contract type is described as the least risky for the Owner, with faster speed and cost, but requires the Architect to maintain strict quality control?

Explanation:
In Construction Manager as Constructor, the construction manager acts as the constructor for the project, typically operating under a guaranteed maximum price (GMP) and taking on risk for cost and schedule. This setup gives the Owner greater cost predictability and can speed delivery because the CM is involved early in preconstruction, coordinates trade contractors, and streams procurement and sequencing to meet the timeline. Because the CM is responsible for construction means and methods, maintaining strict quality control becomes essential to ensure the design intent is realized within the GMP constraints. The Architect must uphold rigorous quality oversight and design integrity throughout to prevent compromising quality while chasing speed and fixed cost.

In Construction Manager as Constructor, the construction manager acts as the constructor for the project, typically operating under a guaranteed maximum price (GMP) and taking on risk for cost and schedule. This setup gives the Owner greater cost predictability and can speed delivery because the CM is involved early in preconstruction, coordinates trade contractors, and streams procurement and sequencing to meet the timeline. Because the CM is responsible for construction means and methods, maintaining strict quality control becomes essential to ensure the design intent is realized within the GMP constraints. The Architect must uphold rigorous quality oversight and design integrity throughout to prevent compromising quality while chasing speed and fixed cost.

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