Hundreds of billions of dollars are spent every year on public and private construction projects in the United States. The practice of construction management has evolved into a complex interdisciplinary process. Construction project management is no longer merely limited to an understanding of materials technology, building systems, construction methods, architectural design, environmental and structural engineering. It requires an ongoing awareness of governmental regulations, administrative procedures, cost management systems, contractual interpretations, construction case law and risk management approaches. This course is designed to develop the strategic thinking and analytical skills of experienced construction managers. It examines some of the recent trends and developments in the practice and business of construction management, reviews some of the current strategies and approaches involved in project delivery. Moreover, it explores some of the effective approaches and alternatives employed in project planning, risk management and project cost control.
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