This article examines the benefits and drawbacks of using construction management to procure, oversee, and complete your construction project. But first, let’s review what construction management entails.
The efficient procurement and delivery of your construction project are provided by the highly flexible, professional service known as construction management. With construction management, the client maintains more involvement and control over their project than with other procurement methods. This makes using traditional, design-build, or management contracting methods of delivery very dissimilar.
The true beauty of construction management is that the method encourages a collaborative approach to completing the project, so that when issues arise, they are dealt with without hostility.
In reality, neither of these are true. As with any project, reducing risk requires the use of a competent team. In many ways, the risks are reduced by hiring a specialist construction manager because the client retains greater control over their project.
Similar to this, using construction management allows clients to purchase gains that would typically go to the main contractor while also lowering overhead costs, professional fees, and other costs. In fact, for some projects, construction management can be 5–10% less expensive.
The availability of excellent specialized construction managers may be the biggest potential drawback to using construction management. Without it, you will undoubtedly find it more difficult to complete your project, unless you are a seasoned professional yourself.
Your project is put at risk when you choose a less capable, or, dare we say, ineffective, construction manager:
Instead, you can benefit from the following advantages by hiring a construction manager who is suitably qualified and experienced.
- There is room for career advancement. …
- They often have good job security. …
- They have work flexibility. …
- The workday is diverse. …
- The work can be long and physically laborious. …
- There is the risk of danger. …
- Lengthy training and education. …
- The work can be stressful.
Cons of a Construction Management and Engineering Career: Why You Shouldn’t Work In Construction
The Construction Management Career Path: Pro’s & Con’s
The answer to this question depends entirely on what the specific person is seeking in a career path. Although only you can decide if a career in construction management is right for you, here are some benefits and drawbacks to think about:
The Construction Management Career Path’s Benefits
What projects best suit construction management?
In truth, construction management can be used for any project. However, based on our experience, they are best suited for industrial and commercial projects, self-delivery residential projects, modular construction projects, and complex projects, like those that call for machinery and equipment that may be more expensive than the building being delivered.
PROS AND CONS OF WORKING WITH A CONSTRUCTION MANAGER
Despite looking good on paper, this type of employment arrangement is uncommon in the residential construction industry. There is no established method to use because it is so uncommon and has so many variations. Although in theory it’s like having a general contractor on your side who’s working for a flat fee, helping you keep costs down and maintain quality, the reality is frequently murkier, especially if the CM is providing construction services for a portion of the job.
Additionally, since the majority of CMs are also GCs and have connections to subcontractors, a shady construction manager might still be receiving a markup on the subs’ work. The construction manager also assumes very little risk and is typically not held accountable if something goes wrong. Since the owner enters into direct contracts with the subcontractors and suppliers, you are ultimately responsible for all scheduling issues, workmanship issues, subcontractor disputes, change order issues, and cost overrun issues.
Given that a construction manager receives a guaranteed rate and assumes little to no risk, you should pay them significantly less than you would a general contractor. By managing the job well, a good construction manager can undoubtedly help you lower risks and manage costs, but if things don’t go according to plan, your money is on the line.
Pros of using a construction manager:
Cons of using a construction manager:
FAQ
What are some cons of being a construction manager?
- Long Hours: That Excitement May Come At A Cost.
- Stress: Deadlines, Delays & Surprises Mean Pedal-to-Metal.
- Love-Or-Hate Work Culture: Work Environments & Relationships Are Different.
- A Lot Could Go Wrong: Risks to Safety, Schedule, and Finances
What are the advantages of construction management?
Construction management can save you time and money. Schedules can be accelerated by condensing some of the steps in the traditional process. The risk of overspending is therefore reduced through increased flexibility and project control. You have access to a highly qualified project team.
What are the pros and cons of construction?
- Pros.
- Excellent Pay. Almost everyone interested in the industry can find hiring construction jobs.
- Freedom From a Desk. …
- The Chance to Improve Society. …
- Cons.
- Safety Hazards. …
- Strenuous On the Body. …
- Odd Hours.
Is it worth becoming a construction manager?
According to the U. S. According to the Bureau of Labor Statistics, demand for construction management positions is anticipated to grow significantly faster than average through 2030. Additionally, those already working in the field make good money, with a median annual salary of almost $100,000.
