What are the benefits of construction management for the project
The involvement of the construction manager during planning and
design provides the owner with reliable information about probable
costs and schedules.
Construction management achieves a more efficient procurement
process, resulting in more effective management of construction
It permits the use of phased construction, sequential bidding
or fast-track procedures, streamlining the design and construction
stages of the project.
Construction management increases flexibility throughout the
entire project, in both design and construction. Adjustments to
budgets and contracts can be more readily made as required.
Construction management permits the participation of the owner
in decision making for all stages of design and construction,
enabling the owner to obtain the desired quality and timing of
the end product and the most value for each dollar spent.
The architect and the construction manager can engage in value
analyses of alternative design and construction procedures from
the early stages of design development.
Competitive bidding can be used for all trade contracts of the
project. Trade contractors can be selected for their expertise
in certain phases of construction. The latest technology and current
marketing conditions are more readily incorporated into the decision-making process e.g., timing bid closing to ensure maximum
Construction management reduces the layering of bonding required
each trade contractor furnishes a bond for his portion
of the work. The financial structure is compartmentalized, and
financial failure cannot spread.
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