Benefits of Construction Management
Professional construction managers provide benefits on every level.
What is Construction Management?
Professional construction project management is a super fine-tuned system designed to facilitate planning, coordination and control of a project from the early stages all the way to project closeout and completion. Qualified construction managers use specialized [...] read more
Identifying Risks and Exposures on Construction Projects
Construction can be precarious. Budget-busting design omissions, unforeseen conditions and everything in between can affect a project’s bottom line; for this reason, construction project risk management is one of the most vital functions of cost estimation. Risk [...] read more
Top 10 Benefits of Professional Construction Management
Thе bеnеfitѕ of professional соnѕtruсtiоn mаnаgеment include highly skilled рrосеѕѕes that fасilitаtе рlаnning, сооrdinаtiоn аnd соntrоl оf а рrоjесt frоm inсерtiоn tо соmрlеtiоn. A professional construction manager will bаlаnсе thе соmреting nееdѕ оf соѕt, ѕсоре аnd [...] read more
The Basics of Construction Mechanics Liens
As a construction project owner, it is important that you understand what mechanics liens are and how they can potentially affect you if there is a payment issue on your project. Contractors and suppliers also need [...] read more
Why Builders Risk Insurance is Important for Project Owners
Insurance coverage is very important for all businesses, including construction companies and building owners. Business general liability insurance covers most of the liabilities a business will have, but it doesn’t cover construction work that is in [...] read more
Should Your Construction Project Be Bonded?
To bond or not to bond. It may be a bit cliché, but it is an important question to think about as a construction project owner. Construction bonds protect owners from potential financial losses during the [...] read more
There are immense benefits to retaining a professional construction management for your project. A construction manager’s role is to serve as an objective advocate for the best interests of the owner and his project. Construction managers manage the developing design to see that it remains consistent with the owner’s intent and budget. They provide the managerial and technical expertise essential to retain the best qualified, most appropriate project participants and coordinate the professional team of architects, engineers and contractors. A construction manager brings expertise in bidding, budgeting & cost management and project controls. They coordinate relationships, budgets, schedules and contracts and keep all the players on the same page.
Few owners are aware of the knowledge and skills required to manage a complex project, nor do most people have the time. They are busy with their own lives, families and core businesses. Unless you are a construction professional, it is unlikely you have the depth of experience and technical expertise required to manage a complex project, nor should you accept the risks involved should anything go wrong. Retaining a professional construction manager is a positive investment in your project’s success.