Construction Management (CM)
Felicia Baker, CMCA, AMS, AD Magellan
I am approaching my sixteenth year in the HOA industry. I have worked as a community manager through a construction defect project and now assist my colleagues through the process of construction project planning and management. Construction projects can be a daunting task to complete, and commonly asked questions will arise, such as: What is the scope of the project? What is the budget? What types of materials are best suited for the project? Who is a qualified contractor to submit a proposal? How can we verify the costs of the job? How do we ensure our warranty? The development of construction projects requires a significant amount of extra work for our already overworked community managers. But there is a solution, construction consultants!
A construction consultant’s role is to guide the board through project development and management and act as the association’s liaison during these complex projects. They not only add an extra layer of protection to the association but also create an environment of trust throughout the process. This article will examine two different construction consulting approaches and the differences and benefits of each.
22 September | October 2023
Construction consulting approach option one is a construction manager (CM) and option two is a construction manager at risk (CMAR). Both are used regularly in the industry; however, there is a lot of confusion on the differences between the two and why one option may benefit your community’s project more than the other.
What is a Construction Manager vs. Construction Manager at Risk?
Construction Manager (CM) A CM is a third-party construction consultant who acts as the association’s advocate during a construction project but does not perform the actual work. They advise the client
Construction Manager at Risk (CMAR)
What’s the Difference?
to make informed decisions while protecting the
client’s investments. The best time to involve a CM is during the pre-planning of the project. This includes identifying materials, developing the scope of work, facilitating the bidding process, and obtaining proposals from qualified
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40