Construction Project Management Consultant

Provide owner's representative and construction project management services helping clients manage contractors and construction projects

Startup Cost
$8,000-$30,000
Difficulty
Advanced
Time to Profit
6-12 months
Profit Potential
$12,000-$50,000/month

Overview

Construction project management consultants serve as owner's representative managing construction projects on behalf of owners - providing oversight, quality control, schedule management, and protecting owner interests without performing actual construction.

You're hired by owners to manage their contractor.

Fees range from 5-10% of construction value or $10,000-$100,000+ per project.

Managing 8-20 projects annually generates $150,000-$600,000 in revenue with 75-90% margins as consulting service.

Target clients include property owners building without construction experience, developers managing multiple projects, institutional clients (schools, churches, hospitals), public agencies, real estate investors, and owners needing construction expertise.

Services include contractor selection and bidding, contract review and negotiation, schedule and budget monitoring, quality control and inspections, change order review and approval, and owner advocacy and communication.

Success requires extensive construction project experience, understanding owner perspective versus contractor, construction contracts and legal knowledge, quality control and inspection skills, communication with owners and contractors, and maintaining objectivity managing owner's contractor.

Many construction project managers come from general contracting backgrounds, serve owners on large complex projects, potentially carry professional liability insurance, combine with cost estimating services, work with architects and engineers, and build reputation through successful project delivery and cost control.

Required Skills

  • Construction Management
  • Contract Administration
  • Quality Control
  • Owner Advocacy
  • Communication

Pros and Cons

Pros

  • High-margin consulting service
  • Professional work environment
  • No construction risk or liability
  • Work with owners versus for contractors
  • Leverage construction experience in consulting

Cons

  • Requires extensive construction background
  • Liability for project management advice
  • Potential conflicts with contractors
  • Project-based revenue (not recurring)
  • Need professional liability insurance

How to Get Started

  1. Gain extensive construction project experience
  2. Develop owner's representative expertise
  3. Learn construction contracts and administration
  4. Get professional liability insurance
  5. Market to property owners and developers
  6. Build network of clients needing project management
  7. Potentially earn CCM or PMP certification

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