By Jim Rice, LEED AP BD+C, CxA –
Starting a construction project, whether it be a new build, renovation or expansion, can be very exciting. However, it’s probably not the only thing on your to-do list. You have a business to run, and while your staff is great, can they manage a design/construction project and perform their jobs simultaneously? Moreover, if you’re new to design and construction, it’s hard to know where to even start. Hiring a Project Manager will allow you to focus on your priorities while your project is completed successfully. You’ll reap the benefits of reduced risk, cost and schedule, as well as gaining an advocate whose only interest in the project is your interest. Here are three ways that a Project Manager is invaluable to your project:
Focus on Your Core Business
A Project Manager acts as the quarterback for your project. Architects, engineers and contractors all have their own interests at stake, which can influence project decisions. A qualified Project Manager will assume responsibility for the project, guiding operations and keeping you informed throughout. Additionally, they will help you determine project scope, provide preliminary budgets to help site selection, schedule the project from design to completion, and also help with building permitting, soliciting vendors, selecting contractors and holding meetings. By handing the reins over to a Project Manager, you are free to focus on your business.
Stay on Time and Budget
A Project Manager’s purpose is to ensure that your project delivers on time and budget without compromising quality. They work with you to set expectations early on, putting together preliminary budgets and schedules. They then help you enlist trusted and reputable design professionals, vendors, engineers and contractors for the best possible price by competitively bidding out your project. Hiring a Project Manager will set accurate schedule and budget expectations while also finding time and cost-saving solutions.