Owner's Construction Manager Practice Questions - Gold Seal Certified (GSC) Owner's Construction Manager Exam

What is the primary purpose of a Class D estimate in the planning stage?

To establish a baseline for detailed engineering design To secure formal sub-trade tenders for construction To provide a preliminary budget estimation based on a functional program To finalize the GMP under a CM-at-risk agreement

Correct Answer:

To provide a preliminary budget estimation based on a functional program

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