Project Management Vs Construction Management

Without interfering on any particular professional’s responsibilities, a true third party project manager (PM) leads and helps to integrate all vendors, elements and phases of a project from start to finish. Designers, contractors and real estate brokers are very capable within their specialties, but can fall short if entrusted with an independent project management firm’s responsibilities-and so can a construction manager (CM).

A PM will act as your advocate and representative throughout the project so that all of your goals from beginning to end are met. During the project’s life cycle [or] duration, a PM will become the owner’s trusted advisor, go-to person and single point of contact for project performance and procedure. A PM oversees procurement of specialty consultants such as Audio Visual, Food Service, Security, and IT, with direction from the client. The project manager will then act as liaison between the client and all vendors, designers, engineers and contractors to ensure smooth, constant communication across the various parties, so everyone stays on the same page for the full duration.

In simple terms, the PM will make sure all activities are aligned with the client’s overall goals and objectives for the project. This means that the project manager will plan, manage, oversee and fine-tune all of the details of the project, not just its construction phase-and will even help to select and ultimately manage the CM.

A project manager will assist in the hiring of a general contractor and/or construction manager and will oversee their quality of work through site visits, punch-list walkthroughs, and reports at weekly project meetings. A project manager will also track and review the construction managers change orders, make sure all vendors are coordinated to and with the CM’s schedule and challenge the CM on lead times for products and delays. *It is important to note that there is a difference between a general contractor and a construction manager.

A typical construction manager has a scope of work that is limited to the pre-construction/construction phase. A construction manager will supervise all construction aspects of a project and will typically participate in pre-construction meetings, provide onsite supervision during construction, and manage sub-contractors. They may also directly hold subcontractor contracts, and is therefore liable for all of the subcontractors’ work.

So, before you decide whether to hire a PM or a CM for your next real estate project, know the difference. And if you can’t decide, do your project a favor: hire a project manager who will manage your full project scope not just construction.

Things to Ask at the Time of Selecting a Contractor for Your Project

Hiring a commercial general contractor is not an easy task. There are a lot of things involved. At the time of selecting a contractor, you must take care of a few important things. A right selection can bring your success easily.

First of all, you need to be sure about your budget, required time frame and probable cost of the project. Depending on all these, you can decide a commercial general contractor to do the job on behalf of you. He will supervise the whole matter.

You should choose one that you can afford easily. You need not go to select one who is beyond your budget.

Budget: You must be sure about the maximum amount that you can spend for it. If it is a bidding project, an accurate calculation is intensely needed.

Lowest Bid: You should not be the lowest bidder. If you try to become the lowest bidder, you may make a loss. Sometimes, you may need to compromise with the quality that can increase the chance of losing your reputation.

Cost: Your project cost should not be more than your capacity. You have to calculate your budget and affordability at every step. More expense increases the chance of project incompletion.

Duration: You must set your plan and goal perfectly so that you can meet them exactly. You should try your level best to complete the project righteously before time or on time.

At the time of selecting a commercial general contractor, you should weigh and consider a few important things to make your project highly successful.

Given below are the tips:

Experience: This is the most important thing to consider. To choose a right contractor, you should know his experience. He must be professional and experienced in handling commercial projects like institutional buildings, IT parks, and big commercial constructions. Furthermore, he must keep himself updated with the latest construction styles.

Expertise: Your contractor must be an expert in planning, organizing, staffing, controlling, and completing your project perfectly. He must be capable of meeting your need within your budget. The estimated cost should not exceed the real cost. He must have the capability to calculate it perfectly.

Area of specialization

You should choose one who specializes in commercial construction. Make sure whether he is capable of meeting your need righteously. If the contractor has a website, you can visit it to have a look at the services and his areas of specialization and you can get all the benefits of selecting a commercial construction contractor.