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.
Write your responses in a 2- to 3-page Microsoft Word document.
Cite any sources using APA format on a separate page.