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CSM 735 Risk Management in Construction Management

You are acting as the contractor for this project. Copies of the standard contracts are provided on pdfs shared. This project is to be submitted as a report.
Tasks:
Task 1: Refer to General Conditions of the Stipulated Price Contract (CCDC 2 – 2008) and select 10 clauses (no more than three clauses in each Part) that are identifiable with Risk Mitigation and Control. Briefly (up to three sentences each) describe how each of these clauses mitigates a specific risk and or controls the schedule and cost of the project
Task 2: Refer to General Conditions of the Cost Plus Contract (CCDC 3 – 1998) and identify three ways the profile is changed from CCDC 2 above.
Tips:
- Keep to the questions of the assignment. Don’t fill the Report with a lot of extra content.
- The report could have the following sections:
1.Executive summary
2. Introduction
Task 1 – Sub-sections as required. Describe involves identifying the owner of the risk, as well. Clearly specify which risk is mitigated and how is it mitigated
Task 2 – A clear comparison is required here. Identify the clauses from each part and clearly compare them.
3. Summary
4. References
The report will be submitted for originality checking and copied material that is not properly referenced will be penalized.

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