Which statement best reflects the fiduciary duty of an agency CM toward the owner?

Which statement best reflects the fiduciary duty of an agency CM toward the owner?

• A. Act in the owner's best interest at all times
• B. Maximize your own profit even if it conflicts with the owner's interests
• C. Disclose all owner's confidential information to others
• D. Avoid taking responsibility for project costs

Answer: (A)

The fiduciary duty of an agency CM toward the owner centers on acting in the owner’s best interests at all times. This requires loyalty and diligent, objective decision-making that prioritizes the owner’s goals, budgets, and timeline. The CM must provide unbiased advice, manage risks and costs responsibly, and keep the owner informed about significant developments and potential conflicts. Confidential information should be protected, and any conflicts of interest should be disclosed and addressed rather than exploited. In short, the CM’s actions should enhance the owner’s value and success, not personal profit or shielding responsibility.

The fiduciary duty of an agency CM toward the owner centers on acting in the owner’s best interests at all times. This requires loyalty and diligent, objective decision-making that prioritizes the owner’s goals, budgets, and timeline. The CM must provide unbiased advice, manage risks and costs responsibly, and keep the owner informed about significant developments and potential conflicts. Confidential information should be protected, and any conflicts of interest should be disclosed and addressed rather than exploited. In short, the CM’s actions should enhance the owner’s value and success, not personal profit or shielding responsibility.