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Risk Assessment Discussion

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I’m working on a engineering discussion question and need an explanation and answer to help me learn.

Considering the design-bid-build and the design-build delivery methods, answer the following questions using the grid below to justify your answers. For instance, if the owner bears the risk for the design for a specific delivery method, write the explanation for that in the cell which is in the intersection of owner and design.

Indicate who (owner, designer, contractor, construction manager, subcontractor) bears the risks for the outcomes of each of the following items and why.  [Please note that in some cases, more than one cell might be part of the answer for each line, and you should use the cell space to explain why that is.]

<Name the Delivery Method>

Owner

Prime Contractor

Architect/Engineer of Record

Subcontractor

Design of the project

<Enter a brief explanation in each cell showing a relationship between the columns and the lines.>

Reviewing and approving submittals

Construction means and methods

Final cost achieved at project completion

Duration at project completion

Coordinating subcontractors

Directly paying subcontractors

Supplying bonds

Hiring subcontractors