Construction Glossary
Construction Manager at Risk (CMAR)
A project delivery method where the construction manager commits to delivering the project within the guaranteed maximum price.
What Is Construction Manager at Risk (CMAR)?
Construction Manager at Risk (CMAR) is a project delivery method in which the construction manager assumes the risk for the project’s cost and schedule performance. The CMAR is involved early in the project, providing input on design, cost estimates, and constructability. The CMAR guarantees a maximum price for the project and is responsible for managing the construction process while collaborating with the owner and design team.
Example
Manager who guarantees the project will be completed within budget.
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