Which Practice Area involves holding meetings for decisions exceeding $100,000 in construction costs?

The Practice Area that involves holding meetings for decisions exceeding $100,000 in construction costs is Decision Analysis and Resolution (DAR). This practice focuses on making informed and structured decisions based on analysis of relevant alternatives and their implications. In the context of construction projects, when significant costs are involved, such as those exceeding $100,000, it is essential to have a formal decision-making process in place to ensure that all options are critically evaluated, risks are assessed, and the best path forward is chosen based on data and stakeholder input.

The emphasis on structured meetings within DAR facilitates collaborative decision-making, where various perspectives can be shared, and expert opinions can be gathered, thereby enhancing the overall quality of the decision. The formalization of the process not only aids in accountability but also ensures that decisions are justifiable and traceable.

Other practices, like Causal Analysis and Resolution, Configuration Management, and Implementation Infrastructure, serve different purposes. Causal Analysis and Resolution focuses on identifying and addressing problems, Configuration Management pertains to maintaining the integrity of performance and functional characteristics, and Implementation Infrastructure deals with the technical environment necessary for supporting project implementations. However, none of these are specifically designed for the structured decision-making process related to significant financial investments, which is the primary focus of