College - Author 1

College of Architecture and Environmental Design

Department - Author 1

Construction Management Department

Degree Name - Author 1

BS in Construction Management

Date

6-2022

Primary Advisor/Subject Matter Expert (SME)

Andrew Kline, College of Architecture and Environmental Design, Construction Management Department

Abstract/Summary

One of the major goals for a general contractor during construction is to make a profit and for the owner, get the project built for the lowest amount possible. Just as general contractors have been opening self-performing divisions within their own company, owners are capable of self-performing certain aspects of a construction job as well. Owners have shown the capability to operate the project management aspect of construction in order to keep control of factors that are important to the owner and then form a joint venture or subcontract the entire construction management aspect of the project. The project management aspect includes bid leveling, project buyout, scheduling, procurement, submittal and document management and direct communication between the architect, engineers, and subcontractors. Using this owner-incorporated structure, the owner is in more control of operations and has more oversight throughout the project, but in return they take on more risk with the added responsibility in regard to financials and building out the project correctly. In this research, owners can be thought of as developers and are constantly in the market for acquiring land in order to build a new project in hopes of making a profit.

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