| Title |
Diagnostic Analysis and Influential Factors of CM Fee Estimation |
| Authors |
Yoo, Byeong-Gi ; Jung, Chan-Young ; Kim, Jae-Jun |
| Keywords |
CM Fee Estimation ; CM Service ; Fee as a percent of construction cost ; Cost plus fixed Fee |
| Abstract |
On December,1996, Construction Management(CM) was introduced in Korean construction industry due to its managerialefficiency proven in the international construction industries. However, It have had serious problems with many regulations,standards, manuals and details of practices considering its constituents and industry conditions. Especially, there werecontroversial points in the CM fee estimate; difference between the fee on the owner's view point and that from contractor's thatimpedes appropriate CM services. Therefore, this paper is to analyze public construction projects into Cm fee calculation suchas fee as a percent of construction cost, cost plus fixed fee and contract price, and analyzed what is irrationality and whyirrationality is made. So it makes a contribution to a study on standards for paper CM fee calculation. |