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The advantages of hiring the services of a construction management consultant are numerous, particularly when engaged to contribute in the design stages of the project. Providing constructability and value engineering input to optimize design can produce significant savings to overall project costs. Furthermore, it allows early execution planning for the construction phase providing a cohesive approach that enables an earlier project start.
Since a construction management consultant is working in the best interests of the owner he is responsible for providing the necessary support to the owner and designated designer in developing better scope definition and in parallel is able produce a realistic project schedule along with robust cost estimate. This facilitates a higher degree of project certainty, which in turn is supportive to the processes necessary to achieve final investment decision (FID).
Once project sanction has been realized, the consultant can assist in the development of the ‘Contract’, inviting expressions of Interest from contractors, collation of bid documents, composing specifications together with key management plans and procedures, and manage bid submission and contractor evaluation endeavors with recommendations for award. Likewise, the consultant may be required to identify and purchase long lead items of permanent materials on behalf of the owner to safeguard project milestones inherent to successful completion of the construction schedule.
Once awards have been made the construction management duties may extend to acting as the owner representative and executing the contact directly between the owner and contractors as the Construction Manager. The administrative responsibilities will then include but not limited to coordinating and controlling cost and schedule, managing stakeholders and regulatory requirements. Besides, ensuring Health, Safety Security, Quality and Environmental objectives.
Of course, as stated previously, the construction management consultant stereo typically acts as an agent for the owner and is paid on a management fee basis. However, there is no impediment to a construction management consultant taking the role of Construction Manager for a construction contractor. The required duties are not dissimilar in terms of planning, coordinating and controlling to achieve expected cost and schedule outcomes. Where they do differ is that on the contractor side there has to be a complete understanding of the construction activities and necessary resources for implementation. In other words types of equipment, manpower and techniques essential to execution of each element of the works. Besides turning a profit at the end of it all.
PCM Ltd has equally the experience and know-how to perform within both spectrums of these management services. We offer unrivalled capability in construction management to support your project needs. Owner and EPC Construction Management or construct only contracting assistance is our business.
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Cost estimating of resources is an essential component of the execution planning process and subsequently it is important that all cost estimates are realistic. Each worked activity must be capable of being performed at the required productivity rate. Therefore resource allocation must be finely balanced to achieve this efficiency. Crews that are too small or too large create insufficiency in one aspect or another. Similarly, for pipeline construction each activity must be equalized to reach the regulated throughput. Otherwise activities become bunched together making the construction crews less productive, resulting in a negative impact on the project schedule.
Most project management teams get it wrong, their lack of experience makes them overly optimistic as to what is achievable. As a consequence they underestimate the type and capacity of equipment, manpower and activity durations. Accordingly, cost and time expectations are inaccurate from the outset. Throw into the mix potential issues with access, permitting, quality and weather regardless of the fact these risks may have some contingency allowance built in, invariably it is never enough, then it is easy to understand why projects exceed cost and schedule objectives.
The project team and other stakeholders need to have confidence in both cost and schedule. Without that certainty decision making becomes an erroneous process that leads to further failures. PCM Ltd is an experienced Construction Management Consultant with specific expertise in pipeline construction management and appropriately has the knowledge to provide accurate cost estimates with reliable activity durations in wide-ranging geographical conditions. Furthermore, we produce estimates with a bottom-up approach to ensure thoroughness in delivery of the anticipated final cost.
Included within the final risk exposure will be identified project risks and contingencies for resolution. Of course, a number of iterations of the cost estimate will need to be completed before achieving the anticipated final cost. The level of reliability is dependent on the veracity of scope definition. The objective of construction cost estimating is to secure a definitive cost for the construction phase and budget, which can be measured and controlled. Project success is contingent upon credible cost evaluation.