Agency construction management is a professional fee-based arrangement in which the construction...
construction management (CM)
Construction management (CM) encompasses a range professional advisory services to the owner of a construction project on virtually any aspect of the project, including financing, contract negotiations and awards, time/cost consequences of design and construction decisions, scheduling, purchase of critical and long-lead items, budgets, and monitoring design and construction teams.
Additional Information
It can be done on a stand-alone basis (agency CM) or in conjunction with the actual construction of the project (CM at risk).
Related Terms
Construction management (CM) at-risk is a form of CM in which the construction manager acts both as...
