Type of Contracts
You are a project manager for a business owner who wants to design, construct, and open a new shopping mall as quickly as possible. The owner is a savvy businessperson and does not want to spend any more money than is necessary. The owner comes to you for a recommendation on the type of contracts to be used for design and construction and the process to follow. Analyze the scenario and respond to the following:
Explain how you would respond to the given situation and why.
Recommend an appropriate process and explain why this process is preferred.
Describe the contract styles that will support this process.
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