Why is construction management gaining in popularity?
For many people, there are drawbacks to traditional general contracting. First, they have no idea what anything is costing them. They have no idea what the general contractor is charging them for overhead and profit. They are putting a huge amount of trust in a general contractor and they are receiving very little information, especially financial information, in return. They have little or no control over quality. There is no ability to relate price to quality so there are often disagreements, or at least confusion, over quality of materials being used or level of workmanship being provided. How does construction management work? You are hiring an individual, or a company, to manage your construction projects for you. The construction manager is generally paid a negotiated fee or a percentage of project cost with the mission of completing your project for the lowest possible price, while still maintaining the desired level of quality and performing this within a reasonable period of t