What is a key advantage of the CM at Risk approach?

The CM at Risk approach provides a significant advantage by allowing for fast-tracking and contractor input during the construction process. This methodology enables construction managers to work closely with designers during the design phase, which facilitates quicker decision-making and the ability to overlap design and construction phases. By involving contractors early, project teams can address potential challenges before they arise, streamline the construction process, and potentially reduce timelines. This collaborative approach not only enhances communication but also allows for adjustments based on contractor feedback, leading to more efficient use of resources and improved project outcomes.

In contrast, some of the other options suggest loses in terms of collaboration or involvement that are not inherent to CM at Risk. For example, it does not eliminate the need for designers; on the contrary, designers and contractors must work together closely. The CM at Risk approach also does not restrict the hiring to only one contractor, as multiple contractors may be involved in different aspects of the project. Lastly, the approach encourages owner involvement rather than limiting it, allowing for better alignment between the owner’s expectations and the project's progress.