How can an owners project manager save money?
• Looking ahead to anticipate potential problems, and initiating timely action to avoid them. • Change order review/negotiation. • Expediting building permit issues. • Negotiating favorable construction contracts. • Steering general contractors to favorable subcontractors. • Resolving project questions quickly and correctly to avoid costly delays in the work. • Providing confident project leadership. • Serving as an experienced “owner representative” at weekly construction meetings. • Being an interested and knowledgeable observer during construction site visits. • Instilling confidence in the financial lending institution through accurate and current cost accounting and budgetary tracking of loan funds. • Knowing when to deny unacceptable claims for additional money from contractors and consultants. • Knowing when to support fair claims from contractors and consultants. • Maintaining an administrative framework that allows issues to be identified and resolved quickly and fairly, savin
Related Questions
- Is an Owner’s Project Manager (OPM) required for every school construction project that moves forward in the MSBA Process?
- Is an Owner’s Project Manager (OPM) required on every school construction project that moves forward in the MSBA Process?
- Can the Owner purchase the materials from D&D and do the installation themselves to help save money?
