Construction project management is big business in the Philippines, especially under the current administration’s infrastructure program.
The success of a project depends on both the developer and the project management service provider. The latter covers everything from master planning, sourcing of land, defining and assessing chosen products, procurement strategies, qualifying and appointing design teams and contractors, supervising the construction phases and handover of the fully completed work.
The cost of project management services vary from country to country, from one per cent of the project cost, upwards, depending on state policies, size of the project, location and a number of factors. “Trying to save on a small percentage up front may lead to a project costing more or bringing inferior quality products to the market on time,” Wallace warned.
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