Construction Management
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WHAT IS CONSTRUCTION MANAGEMENT
Construction management is a professional service that provides a project’s owner(s) with effective management of the project’s schedule, cost, quality, safety, scope, and function.
At its core, a capital project is made up of three parties (excluding the CM):
- The owner, who commissions the project and either funds the project directly or finances it through a variety of methods.
- The architect/engineer, who designs the project.
- The general contractor, who oversees day-to-day operations and manages subcontractors.
The CM represents the owner’s interest and provides oversight over the entire project directly for the owner. His/her mandate is to work with all parties to deliver the project on time, at or under budget, and to the owner’s expected standard of quality, scope, and function.