- Discover how Construction Management at Risk (CMAR) can reduce project cost
by up to 10%, improve delivery time by up to 15%, and increase product quality
by up to 20%
- Learn about the potential drawbacks of CMAR and how to manage them
- Get the full scoop on CMAR and decide if it’s the right fit for your project – read
on for the whole story!
As a construction manager, you’re always looking for ways to simplify project management without worrying about security, training, or costly support. But you may not have heard of one of the most promising methods: Construction Management at Risk (CMAR).
The US government is interested in using CMAR, but the guiding regulations prohibit federal government from using it in the same manner as the private sector. As a result, a recent study was conducted to analyze private sector use of CMAR through a literature review and Delphi panel to determine its expected effects on project performance.
The results of this research suggest that using CMAR in the private sector could lead to improved project performance, specifically in terms of cost, schedule, and quality. More specifically, the research found that CMAR could reduce the total project cost by up to 10%, improve overall project delivery time by up to 15%, and
improve the quality of the end product by up to 20%. However, the study also found that there are some potential drawbacks to using CMAR. For example, the increased complexity of the contract could lead to
disputes between the owner and contractor and could also lead to a lack of clarity on the roles and responsibilities of each party. Additionally, the study found that CMAR could potentially increase the risk of project failure if not managed properly.
Despite these potential drawbacks, the research showed that the benefits of using CMAR in the private sector far outweigh the risks. The improved project performance, cost savings, and improved quality make this method an attractive option for construction managers looking to simplify project management without worrying about security, training, or costly support.
Ultimately, the decision to use CMAR in the private sector rests with the construction manager. If you are looking for a way to simplify project management without worrying about security, training, or costly support, then CMAR may be the right option for you. While there may be some risks associated with the method, the potential rewards make it worth the effort.
Are you a construction manager looking for a way to simplify project management without worrying about security, training, or costly support? Look no further! Check out Construction Management Information System (CMIS), a purpose-built online tool that could lead to improved project performance and cost savings. Visit https://c-mis.com/demo to learn more.