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Construction management covers a wide range of knowledge throughout the construction process. You can receive a construction management education several different ways, such as formal degree programs, on-the-job training, or continuing education/professional development. There are many schools offering construction management programs, including some that offer a master’s degree. For more information, click on the questions below to receive more in depth answers:
Construction management (CM) is the overall planning, coordination, and control of a construction project from its inception to its completion. Construction managers must aim to meet a client’s requirements and direct a functionally and financially feasible project. The Construction Management Association of America (CMAA) lists seven core competencies and responsibilities for a construction manager:
A degree specifically in construction management offers the best skill-set when pursuing a position for this career choice. Programs will not only explore general management competencies like project management and planning, risk assessment, human resources, and communication but also industry-oriented elements like attention to safety, regulations, and laws. That said, various other majors like project management, general management, and contract management can be applied to jobs in this field.
Employers are beginning to hire CMs who have a bachelor’s degree or higher. You can get a qualifying bachelor’s degree in construction science, construction management, building science, or civil engineering. Master’s degree students typically go into the field if they’ve already had experience in construction. After graduating they can become construction managers at large companies. Sometimes individuals who hold a bachelor’s degree in an unrelated field seek a master’s degree in construction management or construction science to be able work in the construction industry. Occasionally students also get a master’s degree in business administration or finance to further their construction management career prospects. Potential coursework in a construction management curriculum can be as varied as Site planning, Construction materials, Accounting, Building codes and standards, Statistics, and more.
According to The Bureau of Labor Statistics, the outlook for construction management jobs is great, with employment projected to increase by 16 percent during the 2012 to 2022 decade. Construction managers held 485,000 jobs in 2012. About 57 percent were self-employed, many as owners of general or specialty trade construction firms.
Wages depend on the size of company you work with and the nature of construction project you’re working on. Factors such as geographic location and economic conditions are also important players. Typically CMs receive benefits, bonuses, and permission to use company motor vehicles in addition to their salaries. According to The Bureau of Labor Statistics, the median annual wages of salaried construction managers in May 2013 were $84,410. The median annual wages in the industries employing the largest numbers of construction managers were as follows:
The CMAA has compiled several resources for those interested in studying construction management:
Other outside sources for CM include: