The question of the day is why hire a construction management company if you are the owner of a construction project? The answer is fairly obvious. It will save you both time and money. So what exactly is a construction management company? In essence, a construction management company is a business that is hired by the owner of a construction project in order act in their best interests during all phases of the construction project. For example, the construction management company oversees each and every aspect of the project from start to finish including the initial permits, site work and preparation, constructing the building, and finishing the project.
So, what’s the difference between a general contractor and a construction management company? In essence, the construction management company is part of the project from the conception stage to the finial completion stage. However, a general contractor becomes involved with the project once the building plans are created and approved of. Hiring a construction management company provides the project owner with not one but two advantages during the early stages of the process. First and foremost, construction management companies provide value engineering.
That means the construction management company will make suggestions to the project owner’s design team regarding methods and materials that will save money while improving the quality of the construction. In addition, a construction management company provides the project owner with a great deal of timesavings. In essence, it eliminates the bidding process. That means the project owner doesn’t need to wait to receive prices from various general contractors. In addition, the project owner doesn’t need to spend time viewing the various general contractor bids.
When all is said and done, it can save weeks if not months. Hiring a construction management company to handle each and every aspect of the construction process benefits project owners with little to no construction related experience. For example, beginners receive a great deal of guidance and learn all about the dangers to avoid in future projects. On the other hand, hiring a construction management company also greatly benefits project owners with tons of construction related experience.
This is due to the fact that even the most experienced project owners are able to rid themselves of the day-to-day project management hassles. For example, the construction management company not the owner deals with delegating all tasks. The construction management company is also working on the behalf of the project owner much like an attorney, advisor, or money manager. That means they have a fiduciary duty to ensure that the construction project comes in on time and as close to budget as possible.
Please contact us today for more information about our construction management services.
MOR Services, Inc, professional construction management company, constructs, renovates, remodels, repairs, and maintains client facilities. We are known to work in true partnership with our clients, architects, engineers, government officials, subcontractors and suppliers. We are well known for renovating commercial properties, offices, retail facilities, restaurants, banks, hotels, and other similar type properties.