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.