Project Manager Aptitude Test — Flashcards | PMP - Project Management Professional | FatSkills

Project Manager Aptitude Test — Flashcards

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What is an OCIP and CCIP and which one has the potential to benefit the GC financially and why?
An OCIP is an Owner Controlled Insurance Program and a CCIP is a Contractor Controlled Insurance Program. Both programs are utilized to provide a single source insurance carrier on projects to limit disputes between multiple carriers and streamline the claim resolution process. CCIP insurance programs can potentially enhance the fee for a contractor depending on the value of the program vs. the claims filed for the project.
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