Project Management VS General Contracting
Project Manager (PM)
Role and Responsibility
A Project Manager acts as a manager for the owner or client. They are responsible for overseeing the entire construction project on behalf of the owner.
Project Planning and Design
PMS are often involved in the project from its early stages, including planning, design, and pre-construction phases. They provide input on project design and cost estimation.
Subcontractor Selection
PMS may help select subcontractors and vendors, but they do not typically perform construction work themselves.
Risk Management
PMS manage risks, including scheduling, budgeting, and quality control. They ensure the project stays on track and within the defined parameters.
Cost Control
PMS work to control costs, monitor budgets, and provide cost estimates. They may also negotiate contracts with subcontractors.
General Contractor (GC)
Role and Responsibility
A General Contractor is responsible for the physical construction of the project. They execute the construction work, managing subcontractors, labor, and materials.
Project Execution
GCs are primarily involved in the construction phase. They coordinate and manage the day-to- day construction activities, ensuring the project is built according to the plans and specifications.
Subcontractor Management
GCs hire and manage subcontractors, suppliers, and labourers. They are responsible for the construction work and may self- perform some tasks.
Risk Management
GCs are concerned with on-site risks, safety, and quality control. They work to deliver the project on time and within budget but are often not involved in early project design decisions.
Cost Control
GCs focus on controlling costs related to construction activities. They ensure that the projectis builttomeetthe design specifications.
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Pros and Cons
It's a common misconception that project management services are more cost-effective than general contracting services. In reality, you still need to hire contractors, and timelines can often surpass expectation.
General Contracting Services
- Typically offers project management services
- Supplies all necessary general labour
- Assumes full risk liability and project insurance
- Executes an accelerated timeline by streamlining trade hiring
- Ensureswork quality through prequalified trades
- No additional cost escalation for timeline overruns
- Offers warranties on all completed work
Fees and Structures
- Contract price divided into 5 milestones throughout the project
- No management fees; solely markup on items within the contract price
- Pricing structures may be customized to accommodate clients’ needs
Project Management Services
- Requires multiple price approvals from the client before trade hiring, potentially leading to time constraints
- Does not offer general labour services
- Does not provide insurance
- May be able to negotiate lower prices with trades
- Quality control issues can arise from working with unqualified trades
- Ongoing fees apply if the timeline is exceeded
- Does not provide any warranties
Fees and Structures
- Starting rate: $3,800 + HST per week
- Invoicing frequency is usually bi-weekly or monthly in advance of work commencement
- Early contracttermination is not allowed; the full project term must be completed
Expertise-Driven Designs
With a team of seasoned architects and visionary designers, every design is a blend of art, science, and unmatched expertise.
Collaborative Approach
Your input is invaluable to us. We prioritize your feedback at every stage, ensuring the final design resonates with your vision.
Futuristic Perspective
Our designs aren’t just about the present. We incorporate elements that are future-ready, ensuring longevity and adaptability.
Holistic Solutions
From understanding local regulations to integrating sustainable practices, our design approach is comprehensive and thorough.
Tailored to Needs
We recognize and respect individuality. Every design solution is tailored, ensuring it aligns with specific needs and preferences.
Technology Integration
Utilizing the latest design tools and software, our designs are precise, detailed, and in sync with modern requirements.
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