Cmgt 2103 exam 1 - Study guides, Class notes & Summaries
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CMGT 2103 - Exam 1, Top Questions and answers, RATED A+
- Exam (elaborations) • 7 pages • 2023
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CMGT 2103 - Exam 1, Top Questions and answers, RATED A+ 
 
 
Spec builders - -Subdivision; same design 
 
Production builders - -Same design; like production; semi custom homes 
 
Custom home builders - -Of the shelf plans; in house designer; firm price contract 
 
Lump sum contract - -- Firm price contract - Defined scope/escalation clause 
 
Cost plus contract - --Owner bares cost of overruns 
- Can be % of cost of work, fixed sum, or variable sum 
- Option of variable fee cost plus contract ...
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