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    Expected Effect of CM

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    Expected Effect of CM
    CM prevents possible conflicts and poor communication among business participants based on professional experience and management
    about projects, and it helps owners manage consistently and make the best decision eventually.
    General effects of CM 1. Offer consistency about management entire projects.
    2. Cost reduction effect through VE and Constructability review at the whole project process.
    3. Reduction of construction duration and procurement flexibility of business through fast track.
    4. Performance project within the budget.
    5. Offer information in real time.
    6. Right and timely decision making.
    These effects contribute not only completion within the deadline, construction fulfillment within the budget, maintenance quality
    but reduction of construction duration, cost and quality improvement.
    1. Offer consistency about management entire projects.
    The biggest causes of project failure are miscommunication among business participants and absence of consistent management based on
    professional opinions. Construction management prevents possible conflicts and poor communication among business participants based
    on professional experience and management ability and manages from the point of view of owners. It helps owners make the best
    decision.
    2. Cost reduction effect through VE and Constructability review at the whole project process.
    Construction management continuously performs VE and constructability review not only at the design stage but at the project process
    based on the relative professional knowledge and experience.
    3. Reduction of construction duration and procurement flexibility of business through fast track.
    Fast tracking means reiteration of design and construct stages. One of effects by introducing CM is to permit this way, whereupon effects
    such as reduction of construction duration and costs, flexibility and long termed uncertainty evasion are expected. For this work,
    professional construction mangers with sufficient knowledge and experience should intervene and mange design schedule not only to
    reduce physical construction duration but to analyze potential problems from design stage to construction process and to proceed
    overlapping construction time of each process.
    4. Performance project within the budget.
    It is difficult to judge precisely whether construction estimate is big or not without professional knowledge and experience.
    However, most owners are not special, so as construction proceed, conflicts due to cost increase or calculation are likely to occur.
    This has a decisive influence on the business. Once construction managers manage about construction business from the first business,
    it is possible to perform projects within the budget because construction managers verify budget and manage unnecessary cost increase
    and design change based on their own knowledge and experience.
    5. Offer information in real time.
    In the construction business, since a lot of interested parties get to work simultaneously in the various fields, success or failure of business
    occur depending on how fast and efficiently you share information on the present business progress. Also, owners should find out the
    present construction information more fast and accurate than anyone else.
    Construction managers can get effects which enhance information share speed and efficiency by collecting, analyzing and delivering
    necessary information to construction participants in time.
    6. Right and timely decision making.
    Regardless of scale, one of the most important facts of success or failure of construction business is timely decision making.
    However, in case of owners that have poor knowledge of construction, their decision making could not be proper or delayed,
    as a result, the entire project performance schedule could be delayed or cause conflicts. Thus, construction mangers provide descriptive
    advice on those problems, and suitable and timely decision making provides effects which prevent failure of business.
    Tip 01
    Value Engineering, VE
    Life cycle cost optimization, reduction of construction duration, profit increase of owners, quality
    improvement, potential problem solution during construction and creative approach for efficient
    use of resource are commonly called. Measure of value represents the value which function
    divided life cycle cost.
    Tip 02
    Fast Track
    Fast-track is a scheduling technique in construction project management with always associate
    with design-build, construction-manager-adviser, construction-manager-constructor. Fast-track
    construction reduce the project time by developing project in design phase
    and construction phase at the same time.