03 | Understanding Different Types of Contracts | Construction Project Management

In this video, Hany Ismail discusses the various types of contracts used in construction project management. Understanding different contract types is essential for ensuring smooth collaboration between clients and contractors. This lesson provides valuable insights into contract selection and management, helping you make informed decisions throughout your projects.

Key topics include contract types, client-contractor agreements, and project scope management. This video is part of the comprehensive Construction Project Management Fundamentals Course.

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Timestamps:
00:00 Introduction
00:07 Overview of Contract Types
01:00 Fixed-Price Contracts
02:15 Cost-Reimbursable Contracts
04:00 Time and Materials Contracts
06:15 Choosing the Right Contract for Your Project
09:00 Summary and Key Takeaways

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