ABSTRACT
Construction is a crucial stage in the development process and the key aim is to construct a good quality building that performs on time and on budget. Developers appoint the own professional team who are responsible for designing the building to meet the specified requirements, for supervising the construction phase and for administering the contract. The quantity surveyor is responsible for preparing estimates of building cost, preparing the Bill of Quantities and, during construction, for preparing valuations of work upon which the architect issues the 'interim' and 'final' certificates. Management contracting, initially developed in the USA, became more widespread in an international context because developers were impressed with the fast track methods of construction. The management contract is generally used on larger complex development projects where the developer requires speedy construction at competitive prices with the flexibility to change the design during the contract.
