In this video I explain the types of contracts mostly used in construction projects, and the types are explained as per skills and knowledge of cost engineering and PMI authorized exam prep and hence we see how the professional bodies are categorizing the contracts and their types. The reason I made this video is that contracts are very important in construction field and hence every quantity surveyor and cost engineer should get introduced to contracts and their types.
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**Cost Estimation Course:
Link to my cost estimation and rate analysis online course "The Ultimate Guide":
https://cost-engineering-professional.teachable.com/p/construction-cost-estimation-the-ultimate-guide
**Procurement Course:
https://cost-engineering-professional.teachable.com/p/procurement-management-for-construction-projects