Cmgt exam 1 stuvia 2024 - Study guides, Class notes & Summaries
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CMGT Exam 1 Questions 100% Correct
- Exam (elaborations) • 4 pages • 2024
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- ANSWER 
 
What are two types of owners - ANSWERPublic and Private. One uses public money one uses private 
 
What do Developer Owner's want - ANSWERmaximize return on investment, quick turn around 
 
What do operator owners want - ANSWERManimize operating costs, at the expense of construciton cost. 
 
What is lump syum contract - ANSWERMost common, total cost to total amont of work 
 
Integrated Project Delivery - ANSWERRisk and reward shared, creates transperancy between parties 
 
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