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What is Construction Management? What's their salary? and what are the requirements to it?

I saw Construction Management and I was curious of what it is and what do they do. #construction #construction-management

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Natalya’s Answer

Construction Management firms are hired by building owners or developers to manage construction projects and hire subcontractors and vendors. Typically construction management firms work with the owner to develop detailed schedules, budgets, and a team of reliable subcontractors for the project. The construction management company works very closely with architects, engineers, and local cities and towns to get the project built. It's an exciting, fast-paced environment!

Thank you comment icon Thank you! Edgar
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James Constantine’s Answer

Hey there, Edgar!

Let's chat about construction management, a super important professional service that helps project owners effectively manage everything from the project's timeline and cost to its quality, safety, scope, and function. It's a versatile service that can be used with any project delivery system, including design-bid-build, design-build, CM At-Risk, and Public-Private Partnerships.

Professional construction managers are often brought in for big, complex, high-budget projects (think commercial real estate, transportation infrastructure, industrial facilities, and military infrastructure). These are known as capital projects.

So, what does a construction manager do? Well, they wear many hats! They plan, coordinate, budget, and supervise construction projects from start to finish. They work hand-in-hand with architects, engineers, and other construction specialists to make sure the project is finished on time and within budget. They also choose the general contractors and trade contractors who will do the work.

The salary of a construction manager can change based on things like experience, location, and the size of the projects they manage. As of May 2020, the U.S. Bureau of Labor Statistics (BLS) says the median annual wage for construction managers was $95,260. The lowest 10 percent earned less than $56,140, and the highest 10 percent earned more than $164,790.

If you're thinking about becoming a construction manager, you'll usually need a bachelor’s degree in construction management or a similar field like civil engineering or architecture. Some employers might prefer candidates with a master’s degree in construction management. It's also really important to get some hands-on experience in the construction industry. A lot of professionals start their careers doing entry-level work in construction or assisting more experienced managers before moving up to a management position.

Getting certifications like the Certified Construction Manager (CCM) designation from the Construction Management Association of America (CMAA) or the Project Management Professional (PMP) certification from the Project Management Institute (PMI) can also be a big help.

In a nutshell, construction management is all about overseeing every part of a construction project to make sure it's completed successfully, on time, and within budget. It requires strong leadership skills, a good understanding of construction processes, and great communication skills.

Here are the top 3 authoritative reference publications:

- U.S. Bureau of Labor Statistics (BLS)
- Construction Management Association of America (CMAA)
- Project Management Institute (PMI)

Wishing you all the best!
James.
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