BUSINESS

CM at Risk

In 2005, HanmiGlobal, for the purpose of creating more added values for the clients, successfully introduced CM at Risk to Korean construction market.

CM at Risk is a project delivery method which entails a commitment by the CM to deliver the project within a GMP (Guaranteed Maximum Price), and in which the CM acts as a consultant to the owner during the pre-construction phase, and as a general contractor during construction phase.

This project delivery method enables the applications of Open Book Policy, GMP, and Fast Track, a project delivery strategy overlapping design and construction processes, which reduce project cost and time, and improve transparency as well.