construction cost

Construction management (CM) is a professional service that applies project management techniques to the planning, design, and construction of a project, from its beginning to its completion. The goal of CM is to control a project's scope, time, cost, and quality (sometimes called the project management triangle or "triple constraints") to achieve the owner’s objectives.
Practitioners of construction management are called construction managers. They combine knowledge of building science and business management to coordinate and deliver capital projects such as commercial real estate, transportation infrastructure, and military infrastructure. Professional services firms in North America and Europe increasingly provide CM alongside related specialties such as critical path method (CPM) scheduling, delay analysis, and expert witness testimony for construction disputes.

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