The five stages of construction are:
Initiation
Planning
Execution
Monitoring
Completion

To optimize the investment in your construction management services, it is best to get your construction management provider involved as early in the process as possible. Your construction management provider has technical expertise in the field of construction and can offer additional value to your project the sooner they are a part of your project team.

General contractors supervise part or all of a construction project. General contractors may specialize in all or some types of construction. Usually, a construction project specializes in one or many types of buildings like commercial, residential, or industrial. General contractors manage and hire subcontractors while acting as the primary contractor with construction clients. General contractors can be hired by business and property owners, construction management firms, and other construction companies.

The steps in managing a construction project may vary drastically depending on the type of project, its general conditions, and the general contractor or construction manager’s methodology.

Typically, the first step is to establish a project plan which is essentially a game plan for your construction project.

Following the project plan, a detailed schedule will be created.

Once a plan and schedule are established, execution and monitoring take place and continue through project turnover.

The short answer is that it depends. Costs are dictated by the project plans and at times the schedule. To determine construction costs and schedule, it is best to work with a licensed and experienced general contractor to develop a detailed estimate.

Hard costs in construction are tangible costs that can be quantified and are related to the physical construction, including labor and material, whereas soft costs are expenses that are not directly related to construction costs.

Included in hard costs are all of the costs for the visible improvements like grading, excavation, concrete, framing, electrical, carpentry, roofing, and landscaping. Hard costs contrast to soft costs which are those related to non-physical elements.