Construction Management Fundamentals - Part 2 of 4

🏗️ Construction Management Fundamentals - Part 2 of 4 🚀 The foundation to build your career in construction! 🚀

Course Headline: Are you ready to master the intricacies of construction project management? "Construction Management Fundamentals" is here to guide you through the complexities of Project Delivery Systems, Payment and Procurement**. Dive into the world of Construction Management with expert instructor, Matthew Morris, and lay down the essential knowledge for a successful career in this dynamic field!

Course Description:

📘 Overview: This is the second part of our comprehensive four-part course series designed to equip you with the foundational knowledge of Construction Management. In this segment, we focus on understanding the major project delivery systems and the intricacies of payment and procurement methods that are crucial for any construction professional.

Key Learning Outcomes:

• Project Delivery Systems: Explore the different project delivery systems including Design-Bid-Build, Design-Build, CM at Risk, Multiple Prime, and Integrated Project Delivery. Learn how each system impacts planning, scheduling, budgeting, and the overall management of construction projects.

• Payment Methods: Get a grasp on various payment methods such as Lump Sum, Cost Plus, Unit Price, and Time & Materials. Understand the pros and cons of each method and how to apply them effectively in your projects for optimal financial management.

• Selection Processes: Distinguish between low bid, best value, and qualifications-based selection processes. Learn how to evaluate bids and select contractors based on quality, cost, and capability, ensuring the best outcome for your project.

• Contract Relationships: Gain insights into the contract relationships between the owner, contractor, and subcontractors. This knowledge is critical for managing contracts and fostering positive relationships that ensure project success.

Course Outline:

✅ Module 1: Project Delivery Systems

• Understanding Design-Bid-Build, Design-Build, CM at Risk, Multiple Prime, and Integrated Project Delivery
• The role of each system in the construction process
• Advantages and disadvantages of each system

✅ Module 2: Payment Methods

• Lump Sum vs. Cost Plus vs. Unit Price vs. Time & Materials
• How to choose the right payment method for your project
• Financial management best practices

✅ Module 3: Selection Processes

• Criteria for evaluating bids
• Low bid, best value, and qualifications-based selection explained
• Strategies for selecting contractors that align with project goals

✅ Module 4: Contract Relationships

• Essential elements of construction contracts
• Managing relationships between key parties
• Ensuring successful project outcomes through effective contract management

By the end of this course, you will have a solid understanding of the fundamental aspects of Construction Management, specifically in Project Delivery Systems and Payment & Procurement. This knowledge is indispensable for anyone looking to advance their career in construction or for professionals who want to sharpen their skills. 🛠️

Join us now and lay the groundwork for your future success! Enroll in "Construction Management Fundamentals - Part 2" today and take the first step towards becoming a Construction Management expert. 🏗️✨