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Sunday, May 17, 2020

Planning a Project Free Essay Example, 2500 words

Contractor s PM - Contractor s PM analyzes the drawings, visits the site location to check the drawing s conformity with the real situation and conditions on the site, and prepares the cost estimate. The PM is responsible to place such a price in the bid that would be lower than other bidders and would yet ensure the profitability of business for the contractor if the contract is awarded. The contractor s PM has to respect the deadline for submission of the bid. Client s PM asks the contractor to submit the work schedule, and provides the contract with the initial installment. The PM also gives the contractors hold over the site in part or fully. It is up to the client to select the consultant for supervision of the work at this stage or at the outset to help the client with the preparation of bid documents and the selection of the contractor. Once the project is started, the client s PM s responsibility is to ensure that the payment is released in accordance with the progress of work and the compliance of quality of contractor s work with the standard required by the client. We will write a custom essay sample on Planning a Project or any topic specifically for you Only $17.96 $11.86/page

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