The primary aim of project management service for a new home construction is to represent the interest of the owner. The owner has the complete control of the finance while the project manager sees to the design, drawings, specifications and applicable codes compliance. Some people tend to think that both the construction management and project management are the same thing. However, it is not! You can differentiate between construction management and project management via payment distribution schemes for the subcontractors and vendors.
The project management service has been developed by the home builders in order to cater to the requirements of the clients.
Types of clients who prefer project management service
Project management services are generally meant for the distinctive customers who want to maintain a higher standard of quality control while personally designing their home. Some others want to actively participate in the different stages of home building project. However, they lack in the technical know-how of the processes or do not want to take the hassles of detailing regarding the documents.
Pre-construction Consultations
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The home builders facilitate and guide in the selection of a team comprising of architects, interior designers, structural engineers and landscape architects.
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They offer assistance regarding the selection of the site.
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They help in developing the conceptual plan which includes the internal and external design specifications.
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Based on the conceptual plan, they develop the financial budget to support the drawings.
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Help the clients to procure all the necessary permits.
Administering the Sub-Contractor
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Home builders check whether the crew engaged by the sub-contractor is insured or not! The risks associated with home building should be covered under the purchased insurance policy. It is not the liability of the homeowner to take the responsibility of the risks.
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All the matters related to the contract and the change orders need to be tackled professionally. The homeowner might engage the general contractor to administer this vital point as well.
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The scope of project development also falls within project management liabilities.
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The payment requests and its processing are administered by the home builders.
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Last but not the least the procurement of able sub-contractors is a vital element of the successful management of a project.
Administration of the Schedule
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They will help you develop the long-term critical path.
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They will help you identify the vendors and select the items for a long lead time.
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Developing the blocks for the selection of decorators is a part of project management.
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One of the vital components of the critical path is the Manpower Chart development and the general contractors offer assistance to prepare it.
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They schedule the reports.
Budget Administration
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They develop the conceptual budget.
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Prepare the budget reports.
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Forecast the cash flow.
Compensation
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They negotiate on an hourly or monthly basis.
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