CMAA Construction Management Complete Practice Exam 2026

Compensation in construction management is shaped by how the work is contracted, what is included in the scope, and how complex the project is. The form of contract (GMP, T&M, etc.) sets payment mechanics and risk allocation. The scope of the offered product or services defines what is being paid for, and the project’s complexity influences the effort, resources, and pricing required. An accident accrual basis, however, deals with accounting for costs and reserves related to incidents, not with how compensation is determined. So it isn’t considered an industry standard for compensation.