What does commitment mean in construction?
Short definition
A commitment is a subcontract or purchase order that commits project funds to a vendor, supplier, or subcontractor.
Longer explanation
Commitments are tracked against budgets and may be adjusted by commitment change orders as scope or cost changes.
Example in context
“The project team reviewed the commitment during the construction phase.”
Common users
- Owners
- Architects
- Contractors
- Construction managers