Construction manager4/16/2023 When everyone knows whom to contact about project specifics, and that point of contact accurately reflects the desires of the owner, there's less opportunity for delays arising from fractured communication. One of their responsibilities is to represent the project owner, so they align with the owner's interests and ensure that the other project players work to satisfy them. In CMAR, the construction manager functions as the common point of contact for the major project stakeholders. Related: Time and Materials Contracts: Uses, Benefits and Best Practices Simplified communication If a cost estimate doesn't align with the budget, the construction manager can work with the project owner to identify issues and make adjustments. Being constantly aware of the expected costs means there are no surprises in terms of expenditure. The construction manager provides estimates for the cost of materials and labor, so the project owner has a better idea of how to budget. Using the CMAR project delivery method can offer better cost control throughout the construction project life cycle. Related: Learn About Being a Construction Project Manager Advantages of using CMARĪpplying the CMAR method can provide numerous advantages to all of the major stakeholders in a construction project, such as: Improved cost control Meeting with the project owner: The construction manager has regular meetings with the project owner so they are aware of the updated timeline for project completion. Providing expertise: The architect or construction team might seek the construction manager's expertise to help them move a project forward. Should the project exceed this threshold, the construction manager, not the owner, is financially liable-hence the "at risk" component of CMAR.Īside from establishing the GMP and monitoring costs, the construction manager may also fulfill the following duties:Īcting as a liaison: The construction manager often acts as the liaison between the project owner and architect, communicating project ideas and budgetary restrictions.īuilding models: The construction manager can ensure project feasibility by building models and using software that shows the distinct elements of a project, like the materials used to build it.ĭeveloping timelines: The construction manager may develop timelines that estimate project completion and update the timeline based on productivity. The construction manager may decide they want to receive payment at the end of the project or certain milestones throughout it.Īdditional expenses: The contract includes the total cost of labor and materials, factoring in additional money for potential unforeseen circumstances, like the late arrival of materials. Payment schedule: The contract can also define a payment schedule on which everyone agrees. It includes the exact timeline for the project, its blueprint and the tools, equipment and materials required to complete it. Project description: The project description is a clear, logical plan for the project, from beginning to end. It also determines how much compensation you receive after project completion. Project budget: The budget is the core element of the GMP, as it defines what materials you can order, how long you have to complete a project and how much can go toward labor. The GMP represents a cost threshold that the construction manager is contractually bound to honor. Once the project design is nearly settled, the construction manager determines the guaranteed maximum price (GMP), a fundamental element of CMAR. The relationship between the owner and the construction manager begins in the pre-development stage of the project, usually the design phase. What is CMAR?Ĭonstruction management at risk, commonly known as CMAR, is a project delivery method by which a construction project owner employs a construction manager-typically a general contractor-to consult on the development of a construction project. In this article, we define CMAR and examine the major pros and cons of the method. If you manage construction projects, understanding CMAR can help you establish a more collaborative, cost-effective system of project delivery. Professionals within the construction industry-including project owners, business owners, project managers, construction supervisors and members of management-apply CMAR to streamline execution and complete projects with accurate cost estimates. CMAR stands for "construction management at risk," a type of project delivery method.
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