What does CM at Risk imply regarding the role of the Construction Manager?

In the context of construction management, "CM at Risk" refers to a project delivery method where the Construction Manager (CM) assumes the role of the general contractor. This means that the CM not only provides pre-construction services, such as cost estimating and scheduling, but also carries the responsibility for the completion of the project within a guaranteed maximum price (GMP). The CM is financially invested in the success of the project because they are accountable for any cost overruns beyond the GMP, which aligns their interests with those of the owner.

This role thus encompasses a wide range of responsibilities including managing subcontractors, ensuring quality control, and maintaining the schedule, while also overseeing the construction process from start to finish. This integrated approach helps streamline communication and decision-making, contributing to a more efficient project delivery.

In contrast, the other options do not accurately reflect the responsibilities associated with a CM at Risk. For instance, serving primarily as a consultant would mean a more advisory role without financial liability, which is not the case for a CM at Risk. Similarly, claiming that the CM has no financial stake misrepresents their involvement, as their risk and potential financial exposure are integral to their role. Lastly, stating that the CM is responsible only for scheduling overlooks the comprehensive