Construction Management

Definition of Construction Management as it relates to Real Estate, Real Estate Development, Real Estate Feasibility Study

"Construction Management" under "Real Estate Feasibility Study" involves overseeing and coordinating the construction phase of real estate projects, ensuring they are built in accordance with plans, specifications, and budgets. It includes tasks such as scheduling, cost control, quality assurance, contract administration, and safety management. By evaluating construction feasibility during the feasibility study stage, informed decisions can be made regarding project design, scope, and budget, ultimately leading to successful real estate development projects.

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