Scope, Schedule and Budget
The agreed upon and authorized scope, schedule and budget during Construction must be adhered to. Any changes to the agreed upon and authorized scope of the project must be approved by the Project Manager with all consequences for schedule and budget understood and accepted by the project funding source. Budget impacts will be monitored throughout the Construction phase. Changes to the project construction cost (GMP) will be monitored by the Project Manager and must be reconciled with overall project budget prior to proceeding with any change. All changes must be approved by the Project Manager prior to execution.