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Construction Company Business Plan

Growing a construction company is much more difficult and taxing than completing projects.

From acquiring a new project to meeting deadlines, managing the budget, and many more things in between- you will find yourself drowning in responsibilities when you start a construction company.

A construction business plan can come to your rescue in such burdensome situations. If prepared well, it can become a reference point for your company as it continues to grow.

Confused about how to write a business plan?

Well, this article will serve you perfectly. It will help you understand the contents of the business plan and offer a sample template for your construction company.

So let’s build a solid construction company business plan with this detailed guide.

Let’s dive right in.

Key Takeaways

• Venture into the market by conducting thorough industry and market analysis.
• Widen the scope of your service offerings to cater varying needs of your target audience.
• Create a detailed operations plan to get thorough guidance in your business operations.
• Conduct a SWOT analysis to identify your competitive edge over the competitors.
• Determine your marketing strategies to launch your business and get it popular amongst your target market.
• Define your business objectives, goals, and mission values to create a foundation for essential business policies.
• Account for various project costs, operating costs, and office expenses to form realistic cash-flow projections.

Why do you need a construction company business plan?

Apart from the fact that investors and banks would ask for a business plan when you seek funding, here are a few more reasons you need a business plan.

• A business plan offers a roadmap to your business. It acts as a guiding block that has answers to all your how, when, where, and what.
• It helps in determining the exact target market for your business and formulating strategies to cater accordingly.
• There are millions of construction companies competing in the industry. You can identify your strengths through a business plan and design a competitive edge to stand apart.
• A well-rounded plan prepares you for emergencies that may arise in your business by making a plan for every situation.
• A whole lot of business processes repeat every day. A business plan helps bring consistency by establishing SOPs for various business activities.

And of course, you get your desired funding with a solid business plan that vouches for the potential of your construction company.

Key components of a construction business plan

Writing a business plan gets much easier with a structurally defined flow. Well, let’s have a look at key components that a construction company business plan must have.

Executive Summary

A brief summary of an entire business plan that will encourage the readers to read further.

Company Overview

A brief company description including every detail from company structure to its mission statement and future goals.

Market Analysis

A thorough analysis of the construction industry and your target market. It also includes sections for competitor analysis, future market trends, and scope of growth.

Construction Services

Outline the construction services that your company will offer. Highlight any additional services that will make you a distinct player.

Marketing and Sales Strategy

It includes a strategic plan to achieve success through marketing and sales. Determine the best course of action for your business.

Management Team

Introduce key personnel in managerial and leadership roles. Discuss their roles, qualifications, experience, and expertise.

Operations Plan

A detailed plan that streamlines the everyday operations right from construction methods to hiring employees.

Financial Plan

A financial plan highlights the prominent figures and key reports of your construction company by making necessary financial projections.

Let’s dive further into these topics and get a detailed understanding of writing your business plan.

Related Construction Company Resources

• Construction Company Marketing Plan
• Construction Company Financial Plan
• Key Stats for the Construction Sector
• Start-up Cost For Construction Company
• How to Start a Construction Business

A step-by-step guide to creating a construction company business plan

A poorly written plan serves no purpose. However, with this step-by-step guide, you will uncover every detail that goes into making a fantastic and purpose-serving business plan.

1. Get a business plan template

Writing a comprehensive business plan is taxing and time-consuming. But if you do it well, you will have a guidebook for running your construction company.

Now, there is a lot that needs to be considered, planned, and accounted for as you start writing the plan. Even if you closely follow a construction business plan outline, there are higher chances of you losing track or getting stuck at certain sections.

This is why you need a business plan template to give a solid structure to your business idea. With industry-relevant examples and a guide, the Upmetrics business plan template is easy to edit and customize.

Whether you own a general contracting firm or specialize in residential construction or specialty trades- we have plenty of construction-related templates for you to choose from.

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Plans starting from $7/month

2. Write an executive summary

The executive summary is a concise yet insightful description of your entire business plan.

This one-page document summarizes the most important questions that a reader might have and offers a peek into what they are about to uncover. Investors take a brief glance at your executive summary before deciding whether to proceed further or not.

An executive summary must outline the following details of your construction business in persuasive consecutive paragraphs.

• The exact business opportunity
• The target market
• The problem and the solution to it
• Products and services offered by you
• Market size and growth potential
• Financial highlights
• Management team

Maintain a personal storytelling tone while writing this section and encapsulate every minute detail that can make a difference.

But wait, don’t start writing yet. Write your executive summary only after you are done writing an entire plan. This will help you summarize effectively.

3. Prepare a company overview section

This section of a business plan will focus entirely on the details of your construction company.

From the type of construction company to the construction company’s goals- everything in this section is about your company description.

To begin with, highlight the type of construction business you will start. For instance, a residential construction company, general contracting company, industrial construction company, or specialty trade construction.

Clarify, if this will be a new business or an extension of existing business. If the business is already operating, offer a brief description of the business history.

After that, highlight the business structure of your construction company. Are you going to be a sole trader or start a limited liability company (LLC) or a limited partnership firm? The business structure you choose will decide how the finances and taxes will work in your business.

Now, this section is your chance to weave magical stories around your construction company. Present the mission statement, company’s objectives, and future goals over here.

For instance,

Mission statement : Syncore aims to become a trusted name for sustainable residential construction projects in Arizona by 2028. With our commitment to the highest quality standards, we will penetrate the market with our premium budgeted solutions.

Business goals :

• Onboarding and signing 15 construction projects in a span of 6 months.
• Generating revenue of $2 million by 2025.

Like this, you will write this entire section in parts by offering a brief overview of your construction business.

4. Conduct a competitive and market analysis

In this section of a business plan, you begin with industry analysis and then narrow it down to your particular market segment. This is important to show your potential investors that there are promising opportunities in this market.

Using market research practices determine the target market for your construction business. Create a buyer persona to identify what your ideal customer will look like.

Further, highlight your competitors in this competitive construction industry. Using SWOT analysis and PESTEL, determine the strengths and weaknesses of competing construction companies. In this section, you will also highlight your strengths to gain a competitive edge over existing players.

Don’t limit your market study to merely understanding the current scenarios. Extend the research and identify future trends and growth possibilities in your targeted market.

If you are a residential construction company focused on sustainable building practices, you must include the following details in your market analysis section.

• How large is the construction industry?
• What segment of the construction market will you capture?
• Who will avail of the construction services?
• What is the spending capacity of your target customers?
• Who are the top competing construction companies?
• What are the emerging trends in the industry and how will you leverage those?
• What is the growth potential of your target market?

Focus on quality market research as this will form the base of your further projections and strategies.

This screenshot of the construction business plan example highlights only the market size for HDFL construction. You can also include details like competitors analysis, growth potential, and market trends here.

5. Describe your construction service offerings

What construction services will you offer your potential clients?

Offer a detailed answer to this question, as you write a business plan section for service offerings.

Overall, this section should highlight every service offering that will bring you money. This could include services like,

• General contracting services
• Design and Engineering
• Construction
• Renovation and remodeling
• Project management
• Specialty services i.e. concrete work, HVAC installation, Roofing services
• Maintenance and repairs

Offer a brief understanding of these service offerings and highlight construction jobs you will specialize in. For instance, remodeling of kitchen and bathroom.

Now, will your construction company sell any construction materials for profit? If so, include details for that as well.

It’s important to consider the breadth of your service offerings to keep the customers coming back.

Overall, this section is your chance to prove to potential investors that your services can stand solid in the competitive construction industry.

6. Propose marketing and sales strategies

According to the IBIS world report , there are more than 3,787,470 construction businesses in the USA. Starting a construction company will add one more to this list, but hey- How do you wish to make a brand that your target audience can recall easily?

All the market assessment and understanding of your potential clients will come in handy at this stage as you make your marketing plan and sales strategies.

Take an opportunity to lay out your sales plan in this section. If you have existing customers, explain how you plan to retain them.

After you are done making your sales strategies, touch the marketing aspect.

Firstly, identify the way you want your brand to be recognized- as an ordinary construction firm, a luxury construction company, a sustainable solutions firm, or an affordable construction company. This will help you make a marketing plan.

Your marketing strategy should answer the following questions:

• Which marketing channels will you use-  Online, offline, or a mix of both?
• How will you generate more leads?
• Online marketing methods- search engines, social media, Email marketing, content marketing, etc.
• If you are going to be utilizing social media platforms- which ones?
• How much will you budget for paid ads?
• Will you use billboards, pamphlets, and newspaper advertisements to market your business?

Keep in mind the marketing channels where you can find your potential customers. For instance, you are more likely to find conversions through Email campaigns than social media campaigns, if you are finding clients for commercial construction.

All in all, in this section you have to draw potential investors’ attention with your sales and marketing strategy.

7. Introduce your management team

Everyone is aware of the cutthroat competition in the construction industry. Knowing that you need an able team to transform your business plan into a successful venture.

After laying out your marketing strategy, it’s time to introduce the key management and leadership team to your business plan.

It’s okay to brag about the talented individuals you have in your company. From construction heads to project managers, highlight the achievements, experience, and expertise of these people and prove their asset-worthiness for your company.

Also, draw the hierarchical map to give potential investors an idea of your organizational structure.

This is your time to prove that you have both the means and manpower to run a successful company.

8. Outline your operational plan

You may know construction, but do you know how to run a construction business?

As someone said, “ Seamless operations are the silent engine of extraordinary business achievements”

Before even taking the first project, it’s important to define operations and SOPs for different business activities. Make it so thorough that it can act as a guidebook whenever a problem arises in your construction company.

As you write a business plan for this section, focus on answering the following questions:

• What construction materials will you use?
• What will be the supply chain process in your construction company?
• Who will oversee the project management on site?
• What will be the timeline for completing projects?
• What will be health and safety protocols for construction workers?
• What will be the process of construction work?
• How will the communication flow within an organization?
• What technologies and equipment will you use?
• How will you ensure quality work?
• How will you hire employees?
• What accounting software will you use?

This is just a general gist of questions that can help you prepare this section. Consider it as a living document that will undergo various changes as the business commences and grows.

A thorough operations plan will lay a clear groundwork for running a company. Moreover, it will instill investors’ faith in your ability to run a construction company.

9. Create a financial plan

Writing a sound financial plan is a challenge but nothing that your determined mind can’t handle.

Whether you plan to raise funds or get bank loans, you need a sound financial plan. Investors will analyze this section and only if they find your business financially viable, will they invest.

In this section, you will make financial projections and estimates for your construction company. This includes forecasting sales, estimating startup costs , projecting overhead costs, and making a pricing plan.

Using the startup costs projection, determine how much funding is essential to start your own construction company.

Also, prepare different reports like income statements, cash flow statements, balance sheets, and break-even analyses using the projections made earlier.

To make a financial plan more relevant, consider various progressive and aggressive situations.

Lastly, prepare graphs, charts, and diagrams to make this section visually appealing and easy to grasp.

Now, stop. Don’t start writing a financial plan yet. You need a financial forecasting tool from Upmetrics to help you with projections and calculations of cash flow, sales, revenue, and everything else. Simply enter the data and it will make detailed and precise calculations for you.

Trust us, you don’t want to scratch your heads writing the entire plan from ground level.

And that’s it! With all this information you pretty much know everything that a construction business plan must have.

Construction Industry Highlights 2023

Now that you are almost set to open a construction company, here are a few industry statistics that might interest you.

• Market size : The US construction market sector was valued at 1.8 trillion US dollars in 2022.
• Growth of the virtual construction market : The global BIM market is 7.9 billion US dollars . North America is projected to be a market leader capturing 30% of this market.
• Rise in prefabrication and modular construction : Healthcare facilities followed by hotels/motels and educational institutions are most likely to avail of modular construction facilities.
• Major concerns : The leading concerns encircling the construction industry are inflation and supply chain disruptions faced by nearly 90% of constructors.
• Sustainable and green building : There is a continuous increase in demand for sustainable and green building solutions. As for 2021, the green building market in the USA was reported to be approximately 83 billion dollars .
• Growing investment in smart cities : According to IDC, the investment in smart cities is expected to grow to 203 billion dollars by 2024.

From sustainability to tech-centric processes, the construction industry is making huge shifts in trends. Both, small businesses and large have to evolve according to changing times to keep themselves relevant.

Download a sample construction business plan

Facing difficulty writing a business plan? Well, we have a perfect resource for you.

Download the Upmetrics sample business plan template. Our template offers step-by-step instructions and prompts to ease the entire plan writing process. It’s designed to meet modern market needs and is perfectly detailed with construction-relevant examples.

The Quickest Way to turn a Business Idea into a Business Plan

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Upmetrics is an intuitively designed business planning app with more than 400+ sample business plans . Our business planning tool features AI assistance that will transform your business writing process. Not only that, it allows you to design, collaborate, and share your business plan in real-time with your team.

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Frequently asked questions, what kind of market research should i include in my construction business plan.

The market research for your construction business plan must include the following details:

• The market size of your targeted market, i.e. commercial construction, residential construction, etc.
• The target audience of your services and their buyers’ persona
• Top competing firms and companies offering similar services
• Emerging trends in your market
• Growth potential for your firm

Is a SWOT analysis necessary for a construction company business plan?

Absolutely yes. There are more than a billion construction companies in the USA itself. Starting another business won’t guarantee success unless you have a business that can withstand the dynamic competitive environment. SWOT analysis will make you aware of the company’s strengths, weaknesses, and the opportunities it can avail

What are the initial startup costs for a construction company?

It is possible to start a construction company with as little as $10,000. However, if you plan to set up a mid-sized construction company, expect to spend anywhere around $50,000-$250,000 on getting a basic setup. This includes accounting for licenses, insurance, office setup, construction materials, and payroll for the initial months.

Can I get government grants for a construction business?

Yes, you can apply for government grants to start your construction business. Check the local, federal, and state regulations to see which grants are applicable to your business. Check the eligibility and apply accordingly.

How often should I update my construction business plan?

A business plan is a living document that can guide you toward success if mapped properly. Ideally, you should update your business plan every 4-6 months to make it relevant. Set aside time to do so as a renewed plan will offer deep and meaningful insight into your business goals.

About the Author

Upmetrics Team

Upmetrics is the #1 business planning software that helps entrepreneurs and business owners create investment-ready business plans using AI. We regularly share business planning insights on our blog. Check out the Upmetrics blog for such interesting reads. Read more

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Construction Business Plan Template

Written by Dave Lavinsky

Construction Business Plan

You’ve come to the right place to create your construction business plan.

We have helped over 100,000 entrepreneurs and business owners create business plans and many have used them to start or grow their construction companies.

Sample Construction Business Plan Outline

Below is a construction business plan example to help you create each section of your own construction business plan:

Executive Summary

Business overview.

VB Residential Construction Company is a startup construction company located in Milwaukee, Wisconsin. The company is founded by two cousins, Victor Martinez and Ben Schmidt. Together they have over 20 years of experience in constructing homes from design concept, remodeling and renovating homes. They are highly skilled in all aspects of construction and have garnered a positive reputation in the local construction community for their ethical practices and competitive skill set. Now that Victor and Ben have an extensive network of clients and contacts, they have decided to begin their own residential construction company.

Product Offering

The following are the services that VB Residential Construction Company will provide:

• Custom home building/design build
• Home remodeling and renovation
• Project Management
• Kitchen and bath construction

Customer Focus

VB Residential Construction Company will target those individuals and industry professionals requiring home construction services in Milwaukee, Wisconsin. Those individuals are landowners looking to develop homes on their lots, architects who have clients needing homes built, developers who have the vision but need a company to make it a reality, and households needing home remodeling services.

Management Team

VB Residential Construction Company will be led by Victor Martinez and Ben Schmidt. Together they have over twenty years of construction experience, primarily in residential builds, remodeling, and renovation. They both started at a young age working and learning from their fathers. When they graduated from high school, their fathers got them jobs at the construction company they were employed at. The four family members worked together for ten years at the construction company. The fathers recently decided they were going to retire from the industry which prompted Victor and Ben to branch out on their own and start their own residential construction company.

Success Factors

VB Residential Construction Company will be able to achieve success by offering the following competitive advantages:

• Friendly and knowledgeable contractors who are able to take any project from concept to reality.
• Unbeatable pricing – Clients will receive the best pricing in town for services on any project while maintaining the best quality and customer satisfaction.

Financial Highlights

VB Residential Construction Company is seeking $200,000 in debt financing to launch its construction business. The funding will be dedicated towards securing a small office space, purchasing two trucks, and purchasing all the construction equipment and supplies. Funding will also be dedicated towards the advertising agency and three months of overhead costs to include payroll of the staff, rent, working capital, and monthly fees to the accounting and human resources firm. The breakout of the funding is below:

• Trucks: $40,000
• Construction equipment, supplies, and materials: $100,000
• Advertising agency in charge of promotions: $10,000
• Three months of overhead expenses (rent, payroll, HR and accounting firms): $40,000
• Working capital: $10,000

Company Overview

Who is vb residential construction company.

VB Residential Construction Company is a newly established contracting company located in Milwaukee, Wisconsin. Founded by cousins, Victor Martinez and Ben Schmidt, they have over 20 years experience in the construction industry. VB specializes in residential remodeling, kitchen and bath construction, as well as custom home building. VB Residential Construction Company also offers residential design, construction, and project management services. VB prides itself in delivering a level of expert craftsmanship to fulfill the vision for the client while exceeding expectations at exceptional value.

Company History

VB comes from the initials of the owners, Victor Martinez and Ben Schmidt, two cousins who have been working in the construction industry most of their lives. Both of their fathers spent decades as contractors and raised their sons working and learning the construction trade. The four have been working for another residential contractor in Milwaukee and have built and remodeled numerous homes for multiple builders and clients. Now that both of their fathers are retiring from the construction industry, Victor and Ben have decided to start their own residential construction company and use their years of experience, expertise, and contacts to be an independent residential contractor.

Since incorporation, VB Residential Construction Company has achieved the following milestones:

• Registered VB Residential Construction Company, LLC to transact business in the state of Wisconsin.
• Located a small office space to have a physical address for the company as well as a receptionist.
• Reached out to their numerous contacts to include real estate agents, developers, architects, and landowners to advise them on their upcoming construction company in order to start getting construction contracts.
• Began pricing out costs for trucks and necessary construction equipment.
• Began recruiting a team of contractors that cover different areas of construction to include mechanical, plumbing, electricians, and roofing.

The following will be the services VB Residential Construction Company will provide:

Industry Analysis

Revenue for the Construction industry is expected to continue growing over the five years as demand for new housing expands. Revenues are expected to reach $107 billion.

Relatively low interest rates, coupled with rising per capita disposable income, is expected to support individual investment in new homes, providing an opportunity for industry revenue growth over the next five years.

Per capita disposable income is expected to rise steadily over the next five years, while concurrently, unemployment will drop, proving favorable conditions for industry growth.

Housing starts are expected to rise an annualized 2.9% and this growth is projected to stem partly from forward-looking consumers that choose to purchase homes while interest rates are low. Relatively low housing stock and relatively low interest rates are expected to lead demand for industry services to increase over the next five years.

Customer Analysis

Demographic profile of target market.

The precise demographics for Milwaukee, Wisconsin are:

Customer Segmentation

VB Residential Construction Company will primarily target the following customer profiles:

• Households in search of home remodeling services
• Landowners who would like to build homes on their lots
• Architects who have clients that need home building or remodeling services
• Developers who have already partnered with landowners and/or architects and are in search of a residential contractor

Competitive Analysis

Direct and indirect competitors.

VB Residential Construction Company will face competition from other companies with similar business profiles. A description of each competitor company is below.

JM Remodeling

JM Remodeling has been in business in Milwaukee, Wisconsin since 1990. They are a full-service design and build company. JM Remodeling specializes in residential and commercial restoration and renovation including custom carpentry, kitchens, bathrooms, roofing, siding, dormers, additions, home gyms, home offices, porches and decks, and mechanical services. JM Remodeling carries a staff of plumbers, electricians, journeymen carpenters, restoration specialists, roofers, siders, sheet metal workers, and expert estimators. JM Remodeling also has an apprenticeship program to train employees within the company. They are licensed, bonded and insured and also part of the National Association of Remodeling Industry (NARI). JM Remodeling also provides warranties on all their services. The work is guaranteed by labor warranties, factory warranties, and extended warranties.

Cream City Construction

Cream City Construction has more than 50 years experience in home design, remodeling and renovation in the Greater Milwaukee area and Southeastern Wisconsin. The home remodeling services they provide are additions, whole house remodeling, kitchens, bathrooms, lower levels, master suites and historic renovations. Cream City Construction is a design build company that works with the client to create the design plans, generate project costs, and build the project.

Cream City Construction is owned and managed by Todd Badovski and Jim Grote. Together they have decades of experience and have spent years refining the skills required to run a high end, quality driven remodeling company. The majority of their projects come from repeat business or referrals from clients delighted with their previous service. Cream City Construction is also a member of the National Association of Remodeling Industry (NARI) as well as the Historic Milwaukee Incorporated.

Sazama Design Build Remodel, LLC

Former restaurant owner Don Sazama established Sazama Design Build Remodel, LLC in 1987 after becoming a Master Carpenter. He wanted to merge his passions of business and design and expand his skills in carpentry and architecture. Don’s firm has completed over 700 homes and won 11 awards from the Milwaukee Home and Living magazine. Sazama Design Build Remodel builds homes that are modern and luxurious and have completed many large remodels of bathroom and kitchen renovations. Sazama likes to collaborate with firms such as Ivy Interiors and an award-winning landscape designer, Gingko Leaf Studio. Sazama Design Build Remodel can build and design all aspects of a home – from a home office, outdoor entertaining area, serene spas, and inviting kitchens. The team at Sazama is able to do a historic renovation, build or renovate into something modern and posh, or keep it traditional.

Competitive Advantage

VB Residential Construction Company will be able to offer the following advantages over their competition:

Marketing Plan

Brand & value proposition.

VB Residential Construction Company will offer the unique value proposition to its clientele:

• Highly trusted and professional contractors with over 20 years of experience remodeling, renovating, and building homes.
• Unbeatable pricing to its clients – VB Residential Construction Company does not mark up its services at a large percentage. They will offer the lowest prices in town.

Promotions Strategy

The promotions strategy for VB Residential Construction Company is as follows:

Word of Mouth/Referrals

Victor and Ben have built up an extensive list of contacts over the years providing home construction services for numerous highly satisfied clients. Most of the clients are repeat customers and have also referred them to other associates for home projects. These referrals and repeat customers are very likely to use VB Residential Construction Company instead of the previous construction company Victor and Ben were employed at.

Professional Associations and Networking

VB Residential Construction Company will become a member of construction and professional associations such as the National Association of Remodeling Industry (NARI) and the Milwaukee Chamber of Commerce. VB will also become a member in associations where other builders, developers, and architects are a part of. They will focus their networking efforts on expanding their client network.

Print Advertising/Billboard

VB Residential Construction Company will invest in professionally designed print ads to display in programs or flyers at industry networking events. They will also invest in two billboards to display in highly trafficked areas of town.

Website/SEO Marketing

VB Residential Construction Company will utilize the same advertising company that designed their print ads and billboards to also design their website. The website will be well organized, informative, and list all their services that VB is able to provide. The website will also list their contact information and a gallery of pictures that show their previous projects. The advertising company will also manage VB’s website presence with SEO marketing tactics so that anytime someone types in the Google or Bing search engine “Milwaukee residential contractor”, “contractor near me”, or “residential contractor near me”, VB Residential Construction Company will be listed at the top of the search results.

The pricing of VB Residential Construction Company will be moderate and on par with competitors so customers feel they receive value when purchasing their services.

Operations Plan

The following will be the operations plan for VB Residential Construction Company.

Operation Functions:

• Victor Martinez and Ben Schmidt will be the owners and managers of the company. They will oversee all staff, contractors, and subcontractors. They will also act as project managers for every job they receive and handle all pricing and bids to the client.
• Victor and Ben will employ a team of contractors under them that will have an array of skill sets. The contractors will be trained and experienced either in plumbing, mechanical, electrical, roofing, or siding. Not all contractors need to be certified in all trades, but they need to be certified in at least one of the trades.
• Office manager/assistant to be located at the small office. This person will handle all incoming calls, assist with visiting clients, bookkeeping and maintain files.
• Victor and Ben will utilize a third-party human resources company to handle all hiring, onboarding, payroll, and benefits for the staff. The HR company will also handle all employee issues.
• Victor and Ben will also pay a third-party accounting firm to manage all the high level accounting and tax payments.

Milestones:

VB Residential Construction Company will have the following milestones complete in the next six months.

3/1/202X – Finalize contract to lease small office space

3/15/202X – Execute advertising agency contract 4/1/202X – Begin networking and placing bids for construction jobs

5/1/202X – Begin recruiting and hiring team of contractors

5/15/202X – Purchase all necessary construction equipment, supplies, and trucks

6/1/202X – Start on first official job as VB Residential Construction Company

Victor and Ben are highly skilled at project management and residential construction. They are also both certified in plumbing, electrical, and mechanical. In the next few years, they will be certified as Master Carpenters.

Financial Plan

Key revenue & costs.

The revenue drivers for VB Residential Construction Company are the upcharge they will charge to the clients for their services. VB will purchase or subcontract a service at cost and will charge a 15% markup in order to obtain the markup fee. 15% is below the normal 25%-30% that other competing residential contractors charge.

The cost drivers will be the overhead costs required in order to maintain a construction company. The expenses will be the costs to purchase and maintain construction equipment and trucks, payroll and overhead costs for the staff, and rent and utilities. Other expenses will be the cost for the advertising agency, accounting firm, human resources firm, and membership association fees.

Funding Requirements and Use of Funds

VB Residential Construction Company is seeking $200,000 in debt financing to launch its construction business. The funding will be dedicated towards securing a small office space, purchasing two trucks, and purchasing all the construction equipment and supplies. Funding will also be dedicated towards the advertising agency and three months of overhead costs to include payroll of the staff, rent, and monthly fees to the accounting and human resources firm. The breakout of the funding is below:

Key Assumptions

The following outlines the key assumptions required in order to achieve the revenue and cost numbers in the financials and in order to pay off the startup business loan.

• Initial Monthly Average Contract Amount: $20,000
• Growth in Average Monthly Contracts: 10%

Financial Projections

Income statement, balance sheet, cash flow statement, construction business plan faqs, what is a construction business plan.

A construction business plan is a plan to start and/or grow your construction business. Among other things, it outlines your business concept, identifies your target customers, presents your marketing plan and details your financial projections.

You can  easily complete your construction business plan using our Construction Business Plan Template here .

What Are the Main Types of Construction Companies?

Construction companies can be classified according to the type of constructions that they perform. Some are small renovation contractors, others are new home builders and others are commercial construction companies.

What Are the Main Sources of Revenues and Expenses for a Construction Company?

Construction companies get their primary source of revenue from individual contracts for new homes, remodeling projects or commercial projects.

The key expenses for construction companies are office space rent, salaries and wages, and equipment costs. 

How Do You Get Funding for Your Construction Business Plan?

There are many options for financing a construction company like SBA loans, commercial loans, personal loans, or line of credit. There are also equipment funding opportunities that cover expenses associated with necessary tools, machinery and other equipment. Personal savings, credit card financing and angel investors are also popular forms of funding.

What are the Steps To Start a Construction Business?

Starting a construction business can be an exciting endeavor. Having a clear roadmap of the steps to start a business will help you stay focused on your goals and get started faster.

1. Develop A Construction Business Plan - The first step in starting a business is to create a detailed construction business plan that outlines all aspects of the venture. This should include potential market size and target customers, the services or products you will offer, pricing strategies and a detailed financial forecast.  

2. Choose Your Legal Structure - It's important to select an appropriate legal entity for your construction business. This could be a limited liability company (LLC), corporation, partnership, or sole proprietorship. Each type has its own benefits and drawbacks so it’s important to do research and choose wisely so that your construction business is in compliance with local laws.

3. Register Your Construction Business - Once you have chosen a legal structure, the next step is to register your construction business with the government or state where you’re operating from. This includes obtaining licenses and permits as required by federal, state, and local laws. 

4. Identify Financing Options - It’s likely that you’ll need some capital to start your construction business, so take some time to identify what financing options are available such as bank loans, investor funding, grants, or crowdfunding platforms. 

5. Choose a Location - Whether you plan on operating out of a physical location or not, you should always have an idea of where you’ll be based should it become necessary in the future as well as what kind of space would be suitable for your operations. 

6. Hire Employees - There are several ways to find qualified employees including job boards like LinkedIn or Indeed as well as hiring agencies if needed – depending on what type of employees you need it might also be more effective to reach out directly through networking events. 

7. Acquire Necessary Construction Equipment & Supplies - In order to start your construction business, you'll need to purchase all of the necessary equipment and supplies to run a successful operation. 

8. Market & Promote Your Business - Once you have all the necessary pieces in place, it’s time to start promoting and marketing your construction business. This includes creating a website, utilizing social media platforms like Facebook or Twitter, and having an effective Search Engine Optimization (SEO) strategy. You should also consider traditional marketing techniques such as radio or print advertising. 

Learn more about how to start a successful construction business:

• How to Start a Construction Business

Where Can I Get a Construction Business Plan PDF?

You can download our free construction business plan template PDF here . This is a sample construction business plan template you can use in PDF format.

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How To Write a Winning Construction Company Business Plan + Template

Creating a business plan is essential for any business, but it can be especially helpful for construction company businesses who want to improve their strategy or raise funding.

A well-crafted business plan not only outlines the vision for your company, but also documents a step-by-step roadmap of how you will accomplish it. To create an effective business plan, you must first understand the components essential to its success.

This article provides an overview of the key elements that every construction company business owner should include in their business plan.

Download the Ultimate Construction Business Plan Template

What is a construction company business plan.

A construction company business plan is a formal written document describing your company’s business strategy and feasibility. It documents the reasons you will succeed, your areas of competitive advantage, and it includes information about your team members. Your business plan is a key document that will convince investors and lenders (if needed) that you are positioned to become a successful venture.

Why Write a Construction Company Business Plan?

A construction company business plan is required for banks and investors. The document is a clear and concise guide of your business idea and the steps you will take to make it profitable.

Entrepreneurs can also use this as a roadmap when starting their new company or venture, especially if they are inexperienced in starting a business.

Writing an Effective Construction Company Business Plan

The following are the key components of a successful construction company business plan:

Executive Summary

The executive summary of a construction company business plan is a one to two page overview of your entire business plan. It should summarize the main points, which will be presented in full in the rest of your business plan.

• Start with a one-line description of your construction company
• Provide a short summary of the key points in each section of your business plan, which includes information about your company’s management team, industry analysis, competitive analysis, and financial forecast among others.

Company Description

This section should include a brief history of your company. Include a short description of how your company started, and provide a timeline of milestones your company has achieved.

If you are just starting your construction business, you may not have a long company history. Instead, you can include information about your professional experience in this industry and how and why you conceived your new venture. If you have worked for a similar company before or have been involved in an entrepreneurial venture before starting your construction firm, mention this.

You will also include information about your chosen construction company business model and how, if applicable, it is different from other companies in your industry.

Industry Analysis

The industry or market analysis is an important component of a construction company business plan. Conduct thorough market research to determine industry trends and document the size of your market. Questions to answer include:

• What part of the construction industry are you targeting?
• How big is the market?
• What trends are happening in the industry right now (and if applicable, how do these trends support the success of your company)?

You should also include sources for the information you provide, such as published research reports and expert opinions.

Customer Analysis

This section should include a list of your target audience(s) with demographic and psychographic profiles (e.g., age, gender, income level, profession, job titles, interests). You will need to provide a profile of each customer segment separately, including their needs and wants.

For example, a construction company business’ customers may include:

• Businesses (e.g., office complexes, restaurants, retail stores)
• General contractors
• Other construction companies

As you conduct your customer analysis, keep in mind that your target customers may not be aware of your company or product right away. You will need to have a marketing strategy to reach them and get them interested.

You can include information about how your customers make the decision to buy from you as well as what keeps them buying from you.

Develop a strategy for targeting those customers who are most likely to buy from you, as well as those that might be influenced to buy your products or construction company services with the right marketing.

Competitive Analysis

The competitive analysis helps you determine how your product or service will be different from competitors, and what your unique selling proposition (USP) might be that will set you apart in this industry.

For each competitor, list their strengths and weaknesses. Next, determine your areas of competitive differentiation and/or advantage; that is, in what ways are you different from and ideally better than your competitors.

Marketing Plan

This part of the business plan is where you determine and document your marketing plan. . Your plan should be clearly laid out, including the following 4 Ps.

• Product/Service : Detail your product/service offerings here. Document their features and benefits.
• Price : Document your pricing strategy here. In addition to stating the prices for your products/services, mention how your pricing compares to your competition.
• Place : Where will your customers find you? What channels of distribution (e.g., partnerships) will you use to reach them if applicable?
• Promotion : How will you reach your target customers? For example, you may use social media, write blog posts, create an email marketing campaign, use pay-per-click advertising, launch a direct mail campaign. Or you may promote your construction company business via word-of-mouth.

Operations Plan

This part of your construction company business plan should include the following information:

• How will you deliver your product/service to customers? For example, will you do it in person or over the phone only?
• What infrastructure, equipment, and resources are needed to operate successfully? How can you meet those requirements within budget constraints?

The operations plan is where you also need to include your company’s business policies. You will want to establish policies related to everything from customer service to pricing, to the overall brand image you are trying to present. Finally, and most importantly, in your Operations Plan, you will lay out the milestones your company hopes to achieve within the next five years. Create a chart that shows the key milestone(s) you hope to achieve each quarter for the next four quarters, and then each year for the following four years. Examples of milestones for a construction company business include reaching $X in sales. Other examples include hiring a certain number of employees, signing up a certain number of customers, or completing a certain number of projects.

Management Team

List your team members here including their names and titles, as well as their expertise and experience relevant to your specific construction industry. Include brief biography sketches for each team member. Particularly if you are seeking funding, the goal of this section is to convince investors and lenders that your team has the expertise and experience to execute on your plan. If you are missing key team members, document the roles and responsibilities you plan to hire for in the future.

Financial Plan

Here you will include a summary of your complete and detailed financial plan (your full financial projections go in the Appendix). This includes the following three financial statements:

Income Statement

Your income statement should include:

• Revenue : how much revenue you generate.
• Cost of Goods Sold : These are your direct costs associated with generating revenue. This includes labor costs, as well as the cost of any equipment and supplies used to deliver the product/service offering.
• Net Income (or loss) : Once expenses and revenue are totaled and deducted from each other, this is the net income or loss.

Sample Income Statement for a Startup Construction Company

Balance sheet.

Include a balance sheet that shows your assets, liabilities, and equity. Your balance sheet should include:

• Assets : All of the things you own (including cash).
• Liabilities : This is what you owe against your company’s assets, such as accounts payable or loans.
• Equity : The worth of your business after all liabilities and assets are totaled and deducted from each other.

Sample Balance Sheet for a Startup Construction Company

Cash Flow Statement Include a cash flow statement showing how much cash comes in, how much cash goes out and a net cash flow for each year. The cash flow statement should include:

• Cash Flow From Operations
• Cash Flow From Investments
• Cash Flow From Financing

Below is a sample of a projected cash flow statement for a startup construction business.

Sample Cash Flow Statement for a Startup Construction Company

Finish with an appendix section which will include:

• Your complete financial projections
• A complete list of your company’s business policies and procedures related to the rest of the business plan (marketing, operations, etc.)
• Any other documentation which supports what you included in the body of your business plan.

Writing a good business plan gives you the advantage of being fully prepared to launch and/or grow your construction company. It not only outlines your business vision but also provides a step-by-step process of how you will accomplish it.

A well-written business plan is an essential tool for any construction company. The tips we’ve provided in this article should help you write a winning business plan for your construction company.  

Finish Your Construction Business Plan in 1 Day!

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The Complete Guide to Commercial Construction Management and Commercial Construction Project Managers

By Diana Ramos | May 27, 2021

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In this article, we’ve compiled the most useful tips and step-by-step instructions for hiring a commercial construction manager. Plus, you’ll learn all about the responsibilities of the role and how proper management helps projects succeed.

Included on this page, you’ll find key questions to ask when hiring a commercial construction management firm , a commercial construction management plan template , and common construction management certifications for commercial construction .

What Is Commercial Construction Management?

Commercial construction management (CM) , also called commercial construction project management (CPM) , uses business principles to make building projects more successful. These techniques address scheduling, cost, scope, quality, function, and safety.

Construction managers improve project efficiency by leveraging their expertise in both construction and project management. Commercial construction managers represent the interests of the owners and oversee the commercial construction process from start to finish. They coordinate architects, engineers, contractors, and subcontractors from pre-design to project completion.

The term commercial construction refers to the building of structures for use by private-sector businesses. This field includes a wide variety of building types, such as factories, office towers, and shopping malls. 

However, commercial construction management principles do not apply exclusively to the private sector. Many other large-scale projects also incorporate these principles, such as large residential developments, industrial construction, and public-sector construction, like schools and roads. 

The Commercial Construction Management Association of America (CMAA) has led the development of the CM discipline. Its Construction Management Body of Knowledge and Standards of Practice document best practices and ethical standards for the profession. 

Depending on the scale of your project, your CM may consist of one individual manager or a whole team.

Residential vs. Commercial Construction Management

Commercial construction differs from residential building in many ways, including size, purpose, materials, regulation, systems complexity, budget, and stakeholders. 

Residential construction generally refers to single-family homes and projects of four units or fewer, as well as remodels of these homes. The building of large apartment complexes and subdivisions, with dozens or even hundreds of homes, operates as commercial construction. 

The distinctions between residential and commercial building are as follows:

• Size: Commercial buildings are typically much larger than homes. For this reason, it’s more challenging to coordinate a commercial project and adhere to its schedule and budget. 
• Purpose: Residential construction creates living spaces. Commercial buildings are those that the owner intends to use to make a profit.
• Materials: Residential buildings are primarily timber framed. Commercial buildings generally require steel and concrete. Homes usually have shingle roofs, while the roofs of commercial structures call for bitumen or thermoplastic polyolefin (TPO). The latter category of materials give builders the ability to construct larger and taller structures, and can also withstand heavier use.
• Regulation: Building codes for commercial structures are more strict. For example, commercial codes require sprinkler systems to put out fires. (Residential codes do not include this requirement.) For commercial projects, governments may dictate construction methods, design, and size, as well as electrical and plumbing specifications. The process for acquiring permits for commercial buildings can take months or even years, and may entail public hearings. Home construction undergoes a simpler review.
• Systems: Commercial building systems are complex because these systems serve larger structures (with more users) and, therefore, must fulfill more diverse purposes. Such systems include elevators, electrical construction, plumbing, heating, security, and air conditioning. As a result of this complexity, commercial builders need more specialized construction expertise.
• Budget: Commercial projects are usually more expensive than residential ones. Size, materials, complexity, and labor needs drive these costs.
• Stakeholders: Residential projects typically have a small number of participants — the builder and homeowner or investor may be the only active stakeholders. Commercial projects involve a bigger group, including the general contractor (GC), subcontractors, engineers, architects, and the construction manager. If the construction manager is not in house, the owner may also have executives monitoring the project.

Scale of Commercial Construction Projects

Commercial construction usually involves medium or large-scale projects, such as factories, shopping malls, and office buildings. Homes are generally small-scale construction jobs. 

Residential construction seldom has a dedicated construction manager. The builder or general contractor manages the project.

Medium-scale commercial construction includes making cosmetic updates to existing structures and new buildings. It also includes the building of new strip malls, medical and dental offices, apartment complexes, and light industrial structures.

Anything larger than medium-scale commercial construction qualifies as large-scale commercial construction. Examples include the sector known as public works construction , which refers to government projects like schools, courthouses, and highways. In this sector, a government or government agency is both the owner and client. Therefore, unlike other sectors of commercial construction, public works construction is not for profit.

Commercial construction management practices are the norm for medium and large-scale projects. But, public works construction employs some different processes. Governments, for example, often have very strict competitive bidding rules for contracts.

Commercial Construction Project Manager Responsibilities

Commercial construction project managers have numerous responsibilities — according to the Construction Management Association of America, these PMs have 120 responsibilities  spanning cost management, time management, quality management, project management planning, contract administration, safety management, and professional practice. 

The term professional practice refers to project-related duties, including evaluating the goals of the project, creating controls, and putting in place communication norms. The manager also establishes the structure of the project team and defines the roles. 

Construction project managers are responsible for keeping the project moving according to plan. The goal is to manage the project so that it finishes on schedule and within budget, while still meeting building codes, plans, and specs. 

Some of the most significant responsibilities of the commercial construction manager include the following: helping the owner and architect during the design phase; reviewing drawings; evaluating construction feasibility; estimating costs; creating work packages for the bidding process; and overseeing construction. Learn more about making budgets and schedules for construction projects in “The Comprehensive Guide to Construction Budgeting” and “Construction Project Management 101.”

Per the CMAA’s seven categories of responsibilities, the list below provides a sampling of some of those obligations:

• Project Management Planning: Creating a CM plan, setting performance criteria, compiling reference data, establishing a decision-making structure, organizing the project, defining the roles and responsibilities of team members, planning site use, selecting design professionals, and verifying insurance
• Cost Management: Estimating costs or overseeing cost estimating, developing a budget, creating a cost management structure, modeling costs, projecting cash flow needs, understanding the potential impact of external economic changes
• Time Management: Developing a schedule, reporting on progress, identifying project milestones, determining the critical path , factoring in the role of float , determining the impact of change orders on the schedule
• Quality Management: Defining the quality objectives of the owner, making sure drawings and specifications align with quality objectives, organizing the design review, identifying the construction elements that affect quality, evaluating bids for quality, inspecting quality, managing change order procedures
• Contract Administration: Understanding design phase contracts, implementing construction procurement strategies, pre-qualifying and soliciting bids, defining the submittal process, developing contract and documentation procedures, checking deliverables, resolving contract disputes, managing risk, compiling information to support owner financing of the project, preparing punch lists, managing the project closeout
• Safety Management: Assessing the contractor’s safety record, understanding site safety liability by statute and regulation, verifying insurance for safety claims, managing workers’ compensation, creating the project safety manual, documenting incidents, developing an emergency plan
• Professional Practice: Adhering to the standards and ethics of construction management, defining the commercial and legal relationship between the owner and the construction manager, identifying practice and third-party liabilities, complying with environmental regulations

Commercial Construction Management vs. General Contractors

The work of a commercial construction manager may overlap with that of a general contractor, but their roles and their relationship with the owner are different.

Here are some of the key differences between a commercial construction manager and a general contractor:

• Time of Hire: The construction manager usually comes on board at project inception, before the design phase. Once the design is final, a number of general contractors bid on the job. Because the CM is involved from the outset of the project, they can increase the schedule’s efficiency by being able to overlap procurement and construction.
• Design Input: Because CMs work during pre-construction, they can advise on project options, including design, specifications, and materials, and solve problems in order to help save money and improve the functionality of the overall building. Such activities constitute the process of value engineering . Because general contractors do not join the project until the design is complete, they cannot provide this kind of input. For this reason, CM-guided projects often generate fewer change orders and more accurate cost and time estimates.
• Compensation Model: The commercial construction manager receives a fee, either as a flat amount, a per-hour rate, or a percentage of the project cost. The general contractor often wins the job by being the lowest bidder (the bid includes money to cover overhead and profit).
• Relationship with Owner: The commercial construction manager represents the owner. The manager obtains the materials and services needed for the project by soliciting competitive bids on behalf of the owner, who pays the costs in addition to the CM’s fee. The CM provides the owner with complete transparency regarding these ongoing project costs. Conversely, the GC provides only the bid price (which represents all costs). Once work begins, the general contractor has an incentive to maintain or increase the profit margin by coming in under budget. They can achieve this by holding down costs and, in less frequent cases, cutting corners. Because of this incentive, the interests of the GC and owner may be at odds.
• Team History: General contractors have staff members, including foremen, carpenters, and laborers, who work together as a team. The GC also frequently works with subcontractors. This means that the people on the job are already familiar with each other and, thus, share expectations and norms. Construction management staff members are professionals, and they manage construction work by procuring builders. As a result of this procurement process, the CM may assemble a team of laborers among whom there is no shared history. The familiarity and shared understanding among members of a GC team can offer the owner an advantage.
• Control: By using a construction manager, the owner generally gains more control over construction, but also must be more involved in the project. With a GC, the owner gets less control over the project, but also bears less responsibility.
• Risk and Liability: Unless the contract with the CM explicitly states that such a manager is responsible for costs beyond the budget, the owner carries the financial risk of cost overruns. GCs, on the other hand, typically must absorb increased costs, such as overtime, except when they have to issue change orders for scope changes or plan mistakes. In terms of liability, the construction manager is only responsible for a construction worker’s injury when the CM’s contract specifies an obligation to maintain safety or the CM assumes said obligation through their actions. GCs, on the contrary, must ensure worker safety and comply with safety regulations.

Despite these differences, the roles of CMs and GCs can still overlap.

When the owner and general contractor have built mutual trust (through past projects or otherwise), they may hire that GC to act as construction manager. 

Moreover, in some cases, the CM may oversee the general contractor, who, in turn, directs subcontractors. Or, the CM may contract directly with trade firms, such as electricians, placing that construction manager in the role of GC (i.e., the person who hires and supervises subcontractors, such as electricians).

Advantages of Using a Commercial Construction Manager

Hiring a construction manager to lead a commercial construction project offers the owner several benefits, including end-to-end oversight, cost and time savings, and greater control.

Here are the most important advantages of using a commercial construction manager:

• Cost and Time Savings: As discussed above, because the commercial construction manager begins at the outset of a project, you can save in terms of your budget and your time. The CM also minimizes change orders and avoids delays. 
• Reduced Stress: The commercial construction manager’s expertise can increase the owner’s confidence that the project will be successful. The CM also deals with day-to-day oversight of the construction and any problems, which relieves the owner of these responsibilities.
• Quality: The CM’s expertise, close supervision, and opportunity for value engineering result in a high-quality structure. 
• Flexibility: A construction management firm can use a variety of scheduling and procurement approaches, which allows the CM to shorten the construction schedule and increase efficiency.  
• Control: Because the CM acts as an extension of the owner, the owner gains more project control. 

A study by the CMAA of 623 construction projects found that more buildings with a construction manager finished on or under budget than those without. And, more projects led by a CM were on or ahead of schedule. 

The value of the CM projects in the study averaged $17.8 million; those without a CM averaged $13.4 million. This discrepancy suggests that when the stakes are high, owners depend more heavily on CMs. 

Specifically, the study found that 84.9 percent of CM projects versus 81.9 percent of non-CM projects came in on or under budget. They also found that 68.8 percent of CM projects versus 65.9 percent of non-CM projects were on or ahead of schedule.

Main Frameworks for Adding Construction Management to a Project

There are many ways to add a construction manager to your commercial project: You can hire a solo consultant, contract with a CM firm, or acquire this capacity in house. 

If you choose to hire outside construction management, there are different ways to structure the relationship.

For centuries, builders and owners did not view construction management as a distinct process. But, in the 1960s, CM began taking shape as a professional service in its own right , the CMAA says.   

Now that commercial construction management is a well-established discipline, property developers and large construction firms have made construction managers and CM departments integral parts of their organizations. 

However, most owners do not build frequently enough to justify having a commercial construction manager or team. Owners typically hire a commercial construction management firm or an independent construction manager.

When an owner hires an independent CM, that CM generally takes one of three traditional approaches to this contractual relationship: The manager acts as a pure construction manager, a construction manager as agent (CMaA), or a construction manager at risk (CMAR). 

• Pure Construction Manager: Here, the CM plays a role on a commercial construction project similar to that of a general contractor. The pure CM identifies and hires subcontractors and suppliers, and also oversees the construction process. But, the CM performs these particular tasks for an itemized fee, rather than as part of a GC-oriented bulk bid (the GC does not enumerate these details for the owner). Because of the pure CM’s fee structure, the owner can benefit from any cost savings. But, that owner also loses the security of having a fixed bid.  
• Construction Manager as Agent: Also called construction manager as advisor , this type of CM acts solely as an advisor to and coordinator for the owner. For a fee, the advisor offers their expertise to the owner and helps the owner make decisions. The owner contracts directly with the subcontractors. Because a commercial construction manager joins at project inception, the CMaA can advise the owner at every stage of the project. For this reason, the CMaA model can be helpful for owners without deep construction knowledge. 
• Construction Manager at Risk: Also known as construction manager as constructor , the commercial construction manager in this model gives the owner a guaranteed maximum price (GMP) and assures such owner that they will complete the project on time. In this approach, the CM may get a fee, build a profit margin into the GMP, share any cost savings with the owner, or use a combination of these payment structures. The CMAR advises the owner during the pre-construction phase, and also manages material procurement and subcontractor hiring. Then, the construction manager at risk oversees the building work. In this relationship, the main advantage for the owner is the CMAR’s assumption of the majority of the risk. 

Design-build is another popular construction project delivery method. This approach is closely related to the three aforementioned ones. In design-build, the entire project, including design and construction, falls under one contract and one team, usually either the architect or contractor. That team alone is responsible for the entire project. 

This particular approach streamlines the project for the owner and limits the shifting of blame. Proponents like design-build for its efficiency and collaboration. 

Design-build and CMAR are similar in that they both entail end-to-end responsibility. But, there are also some important differences between the two approaches. While the CMAR may bring a great team together, these subcontractors and other participants work for different firms, which renders them unable to integrate in the way that the single team of the design-build method can.

The two methods also have different contractual standards for performance. In CMAR, the standard of care covers the legal obligation to guarantee that the design functions as intended. Maintaining this performance standard means putting in as much effort as any other reasonable professional would. In design-build, the contractor must maintain a commitment to performance , meaning they must achieve the level of performance that they’ve specified in the contract. In other words, the design-build firm must fix any problem that arises.

In addition, once construction gets underway, CMARs are not liable for any design problem that a contractor discovers. Instead, the architect or engineer resolves any issue by responding to a change order request. Conversely, because the design-builder is both the designer and builder, they are responsible for constructing a building that functions as intended. The design-builder’s team must, therefore, work to resolve the issue so that the building performs as promised. Consequently, the design-builder does not use change orders. This responsibility (or lack thereof) highlights the essential difference between the standards of build-as-designed and build-to-perform .

Steps in a Commercial Construction Project

The commercial construction manager guides a project through its entire lifecycle, and manages all the steps of the construction process: development, design, pre-construction, procurement, construction, commissioning, owner occupancy, and closeout.  

(To learn more about each of these steps, see “The Stages of Construction Project Management.”)  

1. Development: This step entails finding a site, doing a feasibility study, and arranging financing.

2. Design: During this stage, architects and engineers draft plans for what the building will look like and design the substructures and systems that will make the building perform its intended function safely. 

3. Pre-Construction: In this step, the commercial construction manager shepherds the building through the zoning and permit processes. The manager coordinates final drawings and specifications, oversees detailed site preparation, prepares bid packages, and qualifies contractors and subcontractors. 

4. Procurement: In this phase, the commercial construction management firm awards contracts and obtains materials and equipment. (For details on different procurement methods and how to bid on commercial construction projects, read “Bid Like a Winner: The Master Builder’s Guide to Construction Bidding.” ) Then, the newly hired contractors must make submittals regarding materials to the architect or engineer for approval. At the same time, the CM engages in detailed budgeting. 

Download the following sample commercial construction budget, which calculates costs per square foot, to help plan, track, manage, and automate your project budget.

Download Commercial Construction Budget Example — Microsoft Excel 

5. Construction: This refers to the active building phase during which the CM answers RFIs , controls costs, manages the schedule, and inspects the work. Such progress tracking is critical to keeping a project on schedule. 

Download the free commercial construction template below to create a visual timeline of actual versus planned progress. (Check out these links for more free timeline templates and free construction schedule templates .) 

Download Commercial Construction Timeline Template

Microsoft Excel | Smartsheet

6. Commissioning: This phase of the process involves verifying that all parts of the building function as intended. The CM tests systems such as heating and air conditioning to make sure they perform to specifications.

7. Owner Occupancy: As the owner moves into the building and takes possession of the keys, the CM oversees the installation and calibration of equipment and furnishings.

8. Project Closeout: The CM makes sure that the crew has completed all the work; then, the team dismantles the job site. The CM compiles a number of documents for the owner, including manuals and documentation about the building as well as contractual paperwork. The owner does a final walkthrough.

This commercial building construction process flow chart shows the phases of commercial construction.

For each of these steps, you can find helpful templates, such as a bid tabulation form and a project closeout checklist, in “Excel Construction Management Templates.”

Commercial Construction Management Plan Templates

Below, you will find all the templates you need to compile a commercial construction management plan.

Commercial Construction Management Plan Template

This template provides the high-level structure for a commercial construction management plan.

Download Commercial Construction Management Plan Template

Microsoft Word | Google Doc

Construction Project Resource Management Template

Use this template to identify resource needs and manage them appropriately. 

Download Commercial Construction Resource Management Plan Template Microsoft Excel | Google Sheets

Construction Project Timeline Template

This template will help you outline the timeline for your commercial construction project. 

Download Commercial Construction Project Timeline Template Microsoft Excel | Google Sheets | Smartsheet

Construction Project Bid Tabulation Template

This template gives you space to document each individual bid and associated cost. 

Download Commercial Construction Bid Tabulation Template Microsoft Excel | Google Docs | Smartsheet

Construction Project Abstract of Bids Template

As you gather contractor bids, use this abstract of bids template to rank the bids against each other based on project-specific criteria.

Download Commercial Construction Abstract of Bids Template Microsoft Excel | Google Docs | Smartsheet

Construction Project Subcontractor Documentation Tracker Template

This template helps you track subcontractor work and related documents, making it easier to manage subcontracted jobs.

Download Subcontractor Documentation Tracker Template

Microsoft Excel | Google Sheets | Smartsheet

Construction Project Daily/Weekly Inspection Report Template

Use this template to gather details of daily inspections and record details of each activity area.

Download Commercial Construction Daily/Weekly Inspection Report Template Microsoft Excel | Google Sheets

Construction Project Contractor Progress Payment Template

This template enables you to document payments made to contractors while the project is underway. These monthly payments reflect the percentage of completed work.

Download Commercial Construction Contractor Progress Payment Template Microsoft Excel | Google Sheets | Smartsheet

Construction Risk Register Template

Employ this template to assess and record risks associated with your commercial construction project. 

Download Commercial Construction Risk Register Template

Microsoft Excel | Google Sheets |   Smartsheet

Construction Punch List Template

This template functions as a record of outstanding work in the final stages of the project.

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Construction Project Closeout Checklist Template

Use this template to check that all the major items in the commercial construction project are completed.

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Construction Project Submittal Form Template

This template gives a standardized way to track requests from contractors to both architects and engineers, helping you verify the installation of correct products. 

Download Construction Submittal Form Template

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Construction Project Schedule of Submittals or Submittals Log Template

Also known as a submittal log, use this template to compile an accurate record of all submittals and responses. 

Download Commercial Construction Schedule of Submittals Template

Microsoft Excel | Google Doc

Download Commercial Construction Submittals Log Template

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Construction Request for Information Template

This template offers a standardized way to track requests for information, which is used when there are missing details in construction documentation.

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Tips for Commercial Construction Managers

Experienced commercial construction managers say certain practices are especially important for project success, including the following:

• Read the Construction Contract Carefully: The CM needs to be familiar with all parties’ rights and obligations under the contract from the start. Such information includes when a party can make claims and liens and how to handle delays and change orders.
• Expect the Unexpected: Be prepared to deal with surprise expenses, extreme weather, staff turnover, and delays. Doing this requires flexibility and multiple back-up plans.
• Keep Your Boots on the Ground: While CMs have lots of paperwork to handle in a commercial construction project, they must also be on site as much as possible to help spot brewing problems. 
• Hold a Kickoff Meeting: This meeting should include the owner and other project participants. Make sure everyone has the same understanding of the project, and encourage discussion of potential trouble spots, delays, or cost issues. Use this feedback to adjust scopes of work if necessary. By conducting this meeting, you lay the groundwork for good communication throughout the life of the project.
• Manage Schedules Meticulously: Factor in long lead times to procure customized building components. Avoid stacking trades, i.e., having multiple subcontractors work in a confined space at once, because doing this impedes work and creates inefficiencies. 
• Maintain a Safe Work Site: Watch for hazards and take measures to prevent injuries. On site, use guardrails, set up barricades around open holes, and require proper safety equipment. Safety is critical to avoiding injuries, project delays, and insurance claims.
• Hone Your Negotiating Skills: At every stage of the commercial project, the CM acts as a negotiator. Understand that in the pre-contract phase, the owner and CM usually have more leverage than the contractor and subcontractor. During construction however, that power structure reverses, giving the contractor and subcontractor more influence. Strategies such as principled negotiation (deciding on merits), mutual-interests negotiation (finding common ground), and aggressive negotiation have their places. Change orders in particular are subject to negotiation.
• Be Organized: Commercial construction requires an enormous amount of paperwork — from material orders to submittals and contracts. Without this documentation, you expose yourself to breach of contract and liability claims. Don’t waste time hunting for documents. Use software to manage administration.

How to Select a Commercial Construction Management Firm for Your Project

If you are an owner embarking on a commercial construction project, bring in a construction manager early in order to take advantage of their expertise. Following are nine steps for a successful hiring process based on advice from the CMAA.

• Write a Project Statement: This document details the prospective building’s size, purpose, and other characteristics. Commercial construction management firms will use this to grasp project complexity and understand the experience required.
• Provide Your Cost and Time Goals: While these may change through your work with the CM, schedule and budget goals are important project parameters.
• Establish Your Internal Processes: Clarify who will be the main liaison with the CM and who will have authority on decisions about spending, design, and day-to-day management.
• Form a Selection Panel: Include members with construction knowledge and someone who will have ongoing involvement with the project. Familiarize the panel members with the project.
• Years of experiences
• Professional credentials
• History of similar projects
• Screen These Submissions to Make a Short List: After reviewing the submissions, winnow the list down to those firms you want to investigate further. 
• Solicit Proposals: Ask firms on the short list to submit proposals. This request for proposals (RFP) should outline the project in detail so the firms can address how they would approach the project and any relevant experience they have. Ask firms to provide preliminary pricing or bids in separate financial proposals, so you can evaluate technical expertise and cost independently.  
• Evaluate the Proposals: Assess the submissions for technical merit, and rank them. Then review the financial proposals (note that these numbers are still subject to negotiation). Identify the top candidates for interviews.
• What is it like to work with you?
• What are the hallmarks of your CM process?
• How do you differ from the competition?
• What is your record on things that are important to us or the project such as smart building technology, environmental innovation, or distinctive design? 
• When could you begin this project?
• Finalize a CM Contract: Agree on scope of service and price. The contract should define deliverables and milestones for performance measurement.

Commercial Construction Manager Job Description

To hire a skilled commercial construction manager to join your team, use a job description that highlights key responsibilities and necessary skills. Download the free job description below, which covers duties such as overseeing the construction site and managing costs. 

The following downloadable job description is designed to target an on-staff commercial CM position at a large construction, property development, or construction management firm. However, you can easily adapt the description and customize it to suit your needs.

Sample Commercial Construction Manager Job Description

Use the format and content in this sample commercial construction manager job description as a starting point, and add details relevant to your needs. You can use the job description to recruit applicants.

Post the job description on employment boards. Publicize the vacancy on social media, linking to the full job description on your website. Your job description should include the following sections: 

• Sample Introduction: Beaver Valley Construction Management is a thriving independent consultancy with a staff of 75 commercial construction managers. We serve clients in a tri-state area who are building office and retail structures. Beaver Valley managed the construction of the 50-story Three Rivers Tower, which is now the anchor of a complex that 75,000 people use on a daily basis. We brought this job in ahead of schedule and under budget.  
• Manage major commercial construction projects from inception to closeout.
• Work with owners, architects, engineers, contractors, subcontractors, and other professionals to achieve a successful result.
• Oversee the design, pre-construction, construction, and commissioning phases of a new commercial building construction. 
• Define deliverables and determine necessary resources.
• Estimate costs.
• Procure materials, equipment, and labor.
• Negotiate contracts with project participants.
• Develop and maintain the construction schedule and budget. 
• Assess and manage both on-site and off-site risks.
• Supervise site work and day-to-day construction.
• Handle zoning, permits, and licensing.
• Coordinate contractors and subcontractors.
• Ensure that the work meets plan specifications and quality standards.
• Monitor compliance with all regulations.
• Communicate with stakeholders through regular written and oral reports.
• We need a skilled negotiator who can reach contract agreements that meet all stakeholders’ needs and comply with the budget and schedule.
• You must be a multitasker who is able to manage competing priorities and time constraints.
• You have to be an experienced estimator who can determine precisely what resources the project requires.
• We require a detail-oriented leader who delegates when necessary and ensures completion. 
• You must be a strong collaborator who works cooperatively with architects, engineers, contractors, and owners to achieve project objectives and milestones.
• We need a problem solver who’s adept at resolving job-site challenges  and keeping the project on track.
• You have to be an experienced user of construction technology, including BIM, project software, and major budgeting and scheduling solutions. 
• We require an articulate communicator who is comfortable speaking in front of others.
• You must have a bachelor’s or master’s degree in Construction Management, Architecture, Engineering, or a related field.
• The position requires 10 years work experience in construction management or project management in an AEC setting.
• We prefer candidates who have experience with large-scale commercial construction.
• You must have in-depth knowledge of current construction techniques and materials.
• Certification from the Construction Management Association of America or American Institute of Constructors is a prerequisite.
• We offer a competitive salary with benefits, including health, dental, and life insurance, 401(K) match, tuition reimbursement, and flexible spending accounts for healthcare and dependent care expenses.
• The commercial construction manager is expected to spend about one quarter of their time at our offices in either Beaver Valley or Three Rivers and the remainder of their time at client offices and construction sites in the tri-state area. Occasional overnight travel is required.
• This is an exempt position that requires schedule flexibility to meet project needs. This schedule includes regular evening and weekend work. There is no paid overtime. 
• Beaver Valley Construction Management is an equal opportunity employer and certified federal government contractor. 
• To learn more about what it’s like to work at Beaver Valley Construction Management, see the careers section of our website. We encourage qualified candidates to apply by clicking the “Get Started Now” button. We will accept applications until we fill this position. We will invite candidates who pass an initial screening for an in-person interview and skills test. No phone calls, please. 

Download Customizable Commercial Construction Manager Job Description

How to Become a Commercial Construction Manager

The steps toward becoming a commercial construction manager involve both formal education and on-the-job training. 

This career track usually entails the following:

• Education: CMs often obtain a bachelor’s degree in construction management, architecture, engineering, or a similar field. A four-year degree in construction management can be expensive, with tuition costing up to $240,000, but there are many more affordable options. In addition, there are associate-degree and certificate programs.
• Field Experience: Starting before and during college, CMs pursue construction site work, especially hands-on building experience. Internships in commercial construction management and related roles, such as cost estimating, are also desirable. Apprenticeships offer another way to gain experience. Howard Community College in Maryland combines classwork and on-the-job training in its apprenticeship program . 
• Work Experience: Entry-level jobs in CM are usually as assistants or in project roles such as quality assurance inspector, cost estimating, scheduling and documentation management with a CM firm or team. From there, CM specialists advance into construction manager roles, leading projects, and program executive positions.
• License: Some U.S. states require construction managers to be licensed. For example, California CMs need to obtain either an architect, engineer, or general contractor license to work on state and local government projects. Check the requirements in your state.
• Certification: After a certain number of years work experience, you can take a test to gain certification from various industry bodies. This signifies that you meet high standards of technical expertise and ethics.
• Graduate Degree: This is not required, but you can enhance your resume by pursuing a master’s degree in construction management.  

Another track is the construction manager in training (CMIT) program of the CMAA. This pathway involves four progressive levels of competence and work experience. To gain the CMIT designation, you must be at least 18 years old, pass a level one exam, have a supporting letter from a supervisor, and know the basics of CM. 

Attaining each subsequent CMIT level (up to level four) requires passing an exam, completing soft skills training, and having at least six months experience per level in specific aspects of construction management, such as contract administration and time management.

In addition, CMIT participants work with mentors who help them gain experience, provide support, and facilitate networking.

Education Opportunities for Commercial Construction Management

The study of construction project management is a specialty field in which you learn about management, planning, and organization in order to successfully complete projects in the construction industry.

Historically, people in this field rose to construction project manager positions from trade jobs, such as carpentry or plumbing. But, construction has grown so complex, that companies now look for education and experience. 

From four-year plans to certificates to PhD programs, there are many educational possibilities in construction management.

Commercial Construction Management Education and Training Opportunities

Today’s construction project manager typically has a bachelor’s degree in engineering or construction, while some pursue master’s degrees and certificates as well. And, with the rise of online classes, it has become much easier to take classes during your off hours. 

Here are the education options for those wanting to pursue construction management:

• Clemson University in Clemson, South Carolina, which has a 90 percent job placement rate for graduating students.
• The University of Washington in Seattle, Washington, which boasts an entire Construction Management Department.
• Georgia Institute of Technology in Atlanta, Georgia, notably its School of Building Construction .
• University of Florida in Gainesville, Florida, the first to become accredited by the American Council for Construction Education (ACCE).
• Cal Polytechnic State University in San Luis Obispo, California, with courses in Construction Management in its College of Architecture and Environmental Design
• Pratt Institute , the renowned art and design school with campuses in New York City, Brooklyn, and Utica, New York, has close ties to New York construction resources. Its faculty has overseen such projects as the World Financial Center.
• Kennesaw State University in Kennesaw, Georgia, provides scholarships to qualifying construction management students, and its advisory board actively engages in hiring the school’s students and graduates. 
• Arizona State University in Tempe, Arizona, offers undergraduate, graduate, and doctoral studies of construction management. It also offers an accelerated master’s program called “4+1,” which allows undergraduates to begin a master’s program in their senior year. Its school of construction is the largest in the state and produces 21 percent of all construction management degrees in Arizona. ASU also offers an online master's program in construction management, designed to meet the growing need for professionals with advanced technical, management, and applied research skills in the construction industry.
• Stanford University in Stanford, California has a graduate and doctoral program in three construction course tracks: construction engineering and management, design-construction integration, and sustainable design and construction.
• The University of Washington in Seattle, Washington includes certificates, undergraduate, and graduate degrees in construction management. The department also has strong ties to local construction agencies, leading to many student internships.
• Clemson University in Clemson, South Carolina, has received high marks for its construction management master’s program from both the National Center for Construction Education and Research, and the Associated General Contractors of America.

Commercial Construction Management Certification Choices

There are many certifications that commercial construction managers can pursue. The most well known is the certified construction manager (CCM) designation from the CMAA. 

Note that many universities, colleges, and community colleges offer CM certificates for students who complete multi-week or multi-month programs, often online and self-paced. Certificates differ from certifications, which require passing an exam and meeting other industry standards.

Attaining one of the top CM certifications typically takes at least eight years of combined education or work experience. There are other certifications that demonstrate your mastery of certain aspects of construction, but they do not focus on construction management practices.

Do You Make More as a Commercial Construction Project Manager if You Have Certification?

Commercial construction managers with certifications and advanced degrees earn about 10 percent more than their counterparts, the CMAA says. 

According to the U.S. Bureau of Labor Statistics, the 2019 median pay for construction managers was $95,260 a year or $45.80 an hour. The top-earning 25 percent of CMs made $126,040, while the bottom quartile made $71,900. 

The job outlook for construction managers is bright. There were 476,700 CMs in the United States in 2019. Between 2019 and 2029, that number is forecasted to grow eight percent, much more than average, the Bureau says.

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Building Construction Business Plan

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Concrete Installation

Executive summary executive summary is a brief introduction to your business plan. it describes your business, the problem that it solves, your target market, and financial highlights.">.

Introduction Concrete Installation LLC plans to become the leading provider of concrete formwork services in the area. This means always having the best and most efficient facilities, processes, and people. To achieve this, Concrete Installation is investing in many ways that will pay off in competitive advantages for its customers.

The company’s overall strategy will be based on a continuing improvement process of setting objectives, measuring results, and providing feedback to facilitate further growth and progress.

Concrete Installation is an Oklahoma Limited Liability company, with principal offices located in Sulphur, Oklahoma. Concrete Installation’s management is highly experienced and qualified. Mr. Barry Newman leads the management team with over ten years of experience in the construction industry.

Products/Services Concrete Installation has developed sophisticated formwork solutions for some of the most complex construction projects being done today. The company’s standard form systems are versatile and completely adaptable to a variety of configurations such as Y-walls, shafts, and circular walls.

The Concrete Installation system can be adapted to almost any construction requirement that calls for forming. The company’s expert staff has the capability to design and manufacture any custom component or accessory item that may be required to complete the formwork package.

Owners, developers, construction managers, general contractors, and concrete subcontractors have realized substantial savings in labor and material costs by using structural contours construction methods, systems and equipment. Applications include commercial and residential structures, bridges, educational projects, recreational projects, civil projects, tunnels, utility projects, environmental projects, and virtually every other type of concrete construction.

The Market The housing industry has proceeded at a red-hot pace for several years running. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for $48 million of the total $125 million generated in the industry. This makes for an excellent opportunity to expand Concrete Installation operations and gain significant market share in its primary target market segment. The company also plans to focus to a lesser extent on the residential and heavy construction industry, which is also very robust at the moment.

The company plans to rapidly develop marketing alliances with industry leaders and pursue new sales of its services to residential and commercial builders. The market strategy is to capitalize on Concrete Installation’s alliances by securing city, county, and state and federal government contracts.

Concrete Installation plans to use a direct sales force, relationship selling, and subcontractors to reach its markets. These channels are most appropriate because of time to market, reduced capital requirements, and fast access to established distribution channels.

Financial Considerations We expect to be profitable during the first year of operations. Despite initial large outlays in cash to promote sales, the company’s cash account is expected to remain healthy. The company expects to earn approximately 1.5 million dollars in revenue by Year 3.

1.1 Mission

The mission of Concrete Installation is to provide quality service at competitive pricing.

Company Summary company overview ) is an overview of the most important points about your company—your history, management team, location, mission statement and legal structure.">

Concrete Installation is an Oklahoma Limited Liability company, with principal offices located in Sulphur, Oklahoma.

Concrete Installation will be committed to conducting business in a manner that protects the health and safety of all employees, customers, and persons living in the community where it operates. To accomplish this, Concrete Installation will ensure that it complies with current Health Administration and Occupational Health and Safety laws and will maintain its operations, procedures, technologies, and policies accordingly. Each employee will have the responsibility to fully comply with established safety rules and to perform work in such a manner to prevent injuries to themselves and others. Concrete Installation is very concerned about job-site safety and plans to set up a comprehensive safety program.

Concrete Installation’s formworks will offer major advances, complete adaptability, and high strength-to-weight ratio, and all at cost effective prices. Assembly will be quick and easy. During form use, maintenance will be minimal. Concrete Installation will recommend, as a safety precaution, occasional inspection for bolts and nuts that may have loosened from handling.

The required formwork drawings that Concrete Installation will furnish to the contractor eliminate all guesswork. The company will specify the order of assembly and erection including the location of the strongbacks and joists, the location and actual loading of the form ties, location of all accessories and advise clients of the maximum allowable rate of concrete placement.

Accident prevention is the cornerstone of Concrete Installation’s safety commitment. The company will strive to eliminate foreseeable hazards which could result in personal injury or illness; at Concrete Installation, health and safety will not be compromised. Concrete Installation will sell its services clients in the area of commercial construction.

3.1 Applications

The following applications are uses for Concrete Installation’s services.

• Foundations
• Parking Lots
• Parking Garages
• Low Rise/Tilt-Up
• Flowable Fill/Soil Displacement
• Retaining Walls

Market Analysis Summary how to do a market analysis for your business plan.">

Industry Statistics – Concrete Work

Special trade contractors primarily engaged in concrete work, including portland cement and asphalt.

Establishments primarily engaged in manufacturing portland cement concrete manufactured and delivered to a purchaser in a plastic and unhardened steel.

4.1 Market Segmentation

The housing industry has proceeded at a red-hot pace for several years running. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for $48 million of the total $125 million generated in the industry.

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The record setting string of home sales since the second half of 1997 has forced builders to pick up the pace of their construction activity. During 1998, total starts increased by 9.7% to 1.62 million units. Starts for single family units moved up 12 % for the year, and those of multifamily units were ahead by 1.5%. As an indication of building activity at year-end 1999, housing starts in November 1999 came in at a seasonally-adjusted annual rate of 1.6 million units.

The table below outlines the total market potential of the three targeted market segments in the served markets (in US$ thousands).

(Information provided by Standard & Poor’s)

Strategy and Implementation Summary

Concrete Installation will be committed to ensuring that the products used on its’ customers job sites, everything from access scaffolding to concrete shoring frames and forming equipment, is safe and OSHA approved. Along with clients, the company believes in a health and safety initiative that is all pervasive, managing any potential loss in the work environment.

Concrete Installation will develop sophisticated formwork solutions for some of the most complex construction projects being done today. The company’s standard form systems will be versatile and completely adaptable to a variety of configurations such as Y-walls, shafts, and circular walls.

With that in mind, Concrete Installation will adopt a corporate strategy that is dedicated to improving the performance of activities on the critical path of its customers’ projects. The company will do this by building on its core strengths: innovative equipment, design engineering expertise, and project and site management, within an environment of safety excellence.

At Concrete Installation, customer service is a pro-active partnership, a relationship that ensures a professional, efficiently run, safe workplace. The company’s customer service philosophy starts at the top, is ingrained into the fabric of the company, and is closely aligned to Concrete Installation’s goal of contributing to its’ customers critical success factors.

Customer service can be divided into two interrelated areas: equipment and people. On the job site, with the help of a newly integrated technology system and a well-trained staff, Concrete Installation will be able to maintain excellent control over such key areas as inventory, shipments/deliveries, damage loss, and invoicing. Troubleshooting, which customer service representatives often do right on the job site, will be handled quickly and efficiently. On the people side, Concrete Installation will provide a highly qualified and well-prepared labor force, ensuring that schedules and deadlines are met and worker safety remains a top consideration.

5.1 Sales Forecast

The following table and charts show our projected Sales Forecast.

5.2 Marketing Strategy

Concrete Installation plans to use a direct sales force, relationship selling, and subcontractors to reach its markets. These channels are most appropriate because of time to market, reduced capital requirements, and fast access to established distribution channels. The overall marketing plan for Concrete Installation’s service is based on the following fundamentals:

• The segment of the market(s) planned to reach.
• Distribution channels planned to be used to reach market segments: television, radio, sales associates, and mail order.
• Share of the market expected to capture over a fixed period of time.

In addition, Concrete Installation plans to advertise in magazines, newspapers, and radio.

The table and chart below outline the company’s sales forecast for FY2000-2002. In our sales forecasts, the cost of sales includes only direct labor costs (administrative labor costs are discussed below).

Promotional Campaign

Concrete Installation is committed to an extensive promotional campaign. This will be done aggressively and on a broad scale. To accomplish initial sales goals, the company will require an effective promotional campaign to accomplish two primary objectives:

• Attract customers who will constantly look to Concrete Installation for their construction projects.
• Attract quality sales personnel who have a desire to be successful.

In addition to standard advertisement practices, Concrete Installation will gain considerable recognition through these additional promotional mediums:

• Press releases sent to major radio stations, newspapers, and magazines.
• Radio advertising on secondary stations.

Marketing Programs

For the first six months of operation, advertising and promotion is budgeted at approximately $11,000. A fixed amount of sales revenues will go toward the state Concrete Installation advertisement campaign. On an ongoing basis, Concrete Installation feels that it can budget advertising expenses at less than 10% of revenues.

Incentives. As an extra incentive for customers to remember Concrete Installation’s name, the company plans to distribute coffee mugs, T-shirts, pens, and other advertising specialties with its logo.

Brochures. The objective of brochures is to portray Concrete Installations’ goals and products as an attractive functionality. It is also to show customers how to use the latest in technology as it relates to construction and building services. Concrete Installation will develop three brochures: one to be used to promote sales, one to use to announce the product in a new market, and the other to recruit sales associates.

Management Summary management summary will include information about who's on your team and why they're the right people for the job, as well as your future hiring plans.">

The company’s management philosophy will be based on responsibility and mutual respect. Concrete Installation will maintain an environment and structure that will encourage productivity and respect for customers and fellow employees.

Concrete Installation will be responsible to its employees, the men and women who work with the company throughout the state. At Concrete Installation, everyone will be considered as an individual and the company will respect their dignity and recognize their merit. Employees will be encouraged to have a sense of security and pride in their jobs. Additionally, employees will be free to make suggestions and complaints. The company will afford equal opportunity for employment, development, and advancement for those qualified.

Concrete Installation employees will be committed to:

• Providing a safe work environment to protect employees, the employees of customers and subcontractors, and the public.
• Supplying safe products for customers.
• Continuously improving the company’s safety program to reduce the risk of accidents and occupational illness in a changing work environment.
• Encouraging employees to participate in accident prevention programs and take personal responsibility for their own and their co-workers’ health and safety.
• Regulatory compliance and contribution to high safety standards for our industry.
• Monitoring workplaces, enforcing safe work practices, and communicating the company’s safety performance to employees and other stakeholders.
• Making safety a value-added service that the company provides to its customers.

6.1 Personnel Plan

Financial plan investor-ready personnel plan .">.

The following sections describe the financials for Concrete Installation.

7.1 Projected Cash Flow

Projected cash flow statements for FY2000-2002 are provided below.

7.2 Break-even Analysis

During the first year of operations, the break-even sales volume is estimated as shown below.

7.3 Projected Profit and Loss

Concrete Installation is in the early stage of development, thus initial projections have only been made on accounts that are believed to most drive the income statement. 

7.4 Projected Balance Sheet

The table below provides Concrete Installation’s projected balance sheets for 2000-2002.

7.5 Business Ratios

The following table presents important ratios from the concrete work industry, as determined by the Standard Industry Classification (SIC) Index code 1771.

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Construction Business Plan Template

Construction management team.

To demonstrate your construction business’s ability to succeed as a business, a strong management team is essential. Highlight your key players’ backgrounds, emphasizing those skills and experiences that prove their ability to grow a company.

Ideally you and/or your team members have direct experience in the construction business. If so, highlight this experience and expertise. But also highlight any experience that you think will help your business succeed.

If your team is lacking, consider assembling an advisory board. An advisory board would include 2 to 8 individuals who would act like mentors to your business. They would help answer questions and provide strategic guidance. If needed, look for advisory board members with experience in construction businesses and/or successfully running a businesses.  

CONSTRUCTION BUSINESS PLAN OUTLINE

• Construction Business Plan Home
• 1. Executive Summary
• 2. Company Overview
• 3. Industry Analysis
• 4. Customer Analysis
• 5. Competitive Analysis
• 6. Marketing Plan
• 7. Operations Plan
• 8. Management Team
• 9. Financial Plan
• 10. Appendix
• Construction Business Plan Summary

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10 Keys to Construction Business Management

162 articles

Everyone loves to profess how difficult the construction industry is. These critics like to point out how this business chews up companies and spits them out. While there are plenty of people out there criticizing the business, not enough of them are offering construction business management solutions. Instead of teaching business owners how to manage a construction business, these nay-sayers just point out the challenges. 

Instead of painting a picture of doom and gloom, this article discusses some critical tips on how to manage a construction business. From workforce and cash flow, to marketing and risk management, these tips will help business owners run more efficient and profitable businesses. 

Table of Contents

10 top principles of managing a construction business

This line of work has some unique challenges, but construction business management isn’t entirely different from managing businesses in most other industries. These tips from leaders in almost every industry prove it.

1. People need motivation

“Management is nothing more than motivating other people.” – Lee Iacocca

For a company to grow, its people need to feel motivated. They need a company vision and direction they can believe in. Establishing a company goal that everyone can work toward together can be a critical motivating factor.

Create a mission statement that describes exactly what your company believes in. This statement can provide the concrete evidence most people need to feel good about what they’re doing. 

Also, as the company achieves its goals, share the success with your workforce. Recognize those folks for their hard work and thank them for aligning with you on the way to the top. Recognition goes a long way toward motivating your employees.

2. Business policies remove uncertainty

“Surround yourself with the best people you can find, delegate authority, and don’t interfere as long as the policy you’ve decided is being carried out.” – Ronald Reagan

If a business plan is a roadmap to success, your business policies make up the GPS that keeps the business on course. Learning how to manage a construction business entails putting these policies together so you can streamline decision-making.

It’s essential to have an employee handbook or set of policies to follow, but there are other policies to put in place as well: 

• Develop a credit policy that determines who you’ll extend credit to and how much risk you’re willing to take. 
• Put a collection policy in place that establishes when to send invoice reminders and when to turn accounts over to a collection agency. 
• Establish a policy that clearly outlines how to handle lien rights. Will you send preliminary notices on all your projects or just the risky ones? (Hint: Send them on every project). Also, when is the threshold for filing a mechanics lien ? 

Nailing down the who, what, when, where, and how of all these policies will create faster decisions with consistent, measurable results.

3. Your employees are your most valuable asset

“Train people well enough that they can leave. Treat them well enough so they don’t want to.” – Richard Branson

Your business can’t go anywhere without the right people, so kick the “everyone is replaceable” mindset to the curb. You need to show your people that they matter. Give them the tools they need to succeed and the opportunity to better themselves. 

Not every business has the means to reimburse tuition or provide company trucks. But little things matter as well : Allowing employees to leave early for family events, offering training, throwing holiday parties, and other small bonuses all say a lot about how much you value your people. Also, recognizing employees who go above and beyond will motivate them to work harder and produce for you. 

When your company atmosphere is one of appreciation and empowerment, you’ll attract the best employees .

When labor shortages arise , your company will be in the best position to grow as it will be fully staffed with top-tier talent. And, when those job alerts come through their email, they’re a lot less likely to submit a resume — even if the job pays a little more — because they know they’re appreciated where they are.

4. Effective marketing requires a deep understanding of your customer

“Running a business without marketing will kill it.” – Paul Cookson

It doesn’t matter if you’re a new homebuilder, an established commercial contractor, or an international infrastructure outfit: You need to market your business . How you go about marketing your business will depend on your customer.

Homebuilders and remodeling contractors often rely on advertising where their customers can find it, such as billboards, social media, and mailers. Those methods won’t work for commercial contractors. Instead, they need to focus on building relationships that lead to repeat business and referrals. For public works-type contractors, developing a team full of go-getters that can submit and win bids is the best form of marketing. 

Whichever your business model, be sure you’re focusing your marketing efforts where they can make the biggest impact. 

5. Cash flow is king

“We were always focused on our profit and loss statement. But cash flow was not a regularly discussed topic. It was as if we were driving along, watching only the speedometer, when in fact, we were running out of gas.” – Michael Dell

It’s true for all industries, but in construction, cash flow is the key to survival. Companies with positive cash flow can grow and take on more projects, while those without it struggle to keep the lights on. 

There are several ways to improve and manage cash flow , including minimizing unnecessary overhead and improving accounts receivable collection practices. Also, reducing the amount of time it takes to get paid by protecting and leveraging lien rights will keep the cash coming in. 

6. Automation can improve efficiency — or make it worse

“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” – Bill Gates

Implementing new technology and processes is a great way to grow, but you have to hammer out the details first. Be sure that everyone on your team knows what their job is and how to do it. Take a look at your processes, identify their weaknesses, and improve upon them. Once you’re able to nail these details down, consider adding automation such as construction management software to your game plan.

But, recognize that magnifying inefficiencies isn’t always a bad thing. If you don’t know something’s not working, you might receive a baptism by fire. However, if you stay nimble and prepared to improve, weakness exposed by automation can be a benefit to your construction business management outlook.

Learn more: The Benefits of Automation for Your Construction Business

7. You can’t eliminate risk, but you can manage it

“Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.” – Michael Porter

It doesn’t matter what industry you’re in, there is always risk to deal with. In construction, materials delays can cause schedules to overrun, employees can get hurt, customers can decide not to pay, and many more scenarios could play out. These are all bad, but you can limit how they impact your business.

First, be sure to carry all the insurance policies you need, including business insurance, general liability, and worker’s compensation. Also, be sure to include negotiation clauses in your contracts to prevent delays from costing you more than they need to. Finally, protect your lien rights to ensure you have recourse if a customer decides that they aren’t going to pay you.

Mechanics liens are the fastest and most effective way to get paid when a customer owes you money, so don’t give up your lien rights by not meeting your state’s requirements. 

8. Good accounting leads to better business decisions

“Accounting is the language of business.” – Warren Buffet

Good, comprehensive accounting practices are critical to truly knowing how well your business is doing. You need to know your numbers, including profits, losses, and cash flow, but also how much each day on-site costs and where the money comes from. 

Make accounting reports your best friends. Produce financial reports for managerial review on a regular basis. Also, use accurate job costing software to determine the health of your projects and cash flow reports for the health of your business . Without these critical reports, it’s hard to say how well your business is actually doing.  

9. Use financing to grow

“Business, that’s easily defined: It’s other people’s money.” – Peter Drucker

Leveraging the power of financing can be critical to learning how to manage a construction business. By utilizing other people’s money, you can front the cost of new jobs, secure necessary equipment, and push your company forward. 

And, one of the benefits of smart financing is protecting cash flow. By using credit judiciously for things like materials financing or equipment purchases, you can ensure you have more money coming in each month than going out—the true key to managing a construction business’s cash flow .

10. Profit is a result, not a reason

“Business must be run at a profit or it will die. But when anyone tries to run a business solely for profit, then also the business must die, for it no longer has a reason for existence.” – Henry Ford

If you focus only on profit, you’re missing the big picture . Businesses need reasons to exist, fueled by vision and purpose. This mindset allows the leadership to make smart decisions for the good of the company’s future rather than maximizing profits in the very moment at the cost of growth. 

For example, awarding a contract to the lowest bidding subcontractor might not (almost never) be a great idea. Likewise, working for a GC with a bad rep because you’re light on work could be a disaster. Or you could make the mistake of hiring someone without the necessary skills or drive to do the job because they cost a few dollars less per hour. Worse yet, taking a bad financing deal that sounds good in the moment instead of weighing out your options can lead to big issues.

Develop a company vision and live by it . Allow it to steer your decisions so the company grows in the long run, not just in the short term. 

Construction issues aren’t as unique as you might think

Those tips are applicable to any industry, not just the one erecting buildings and paving highways. Construction business management might look different on the surface, but the core values of running a successful business still apply. By valuing and motivating people, protecting cash flow, managing money, and managing risk, you’ll how the nuts and bolts of how to manage a construction business, or any business, down in no time.

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Construction Management Business Plan Sample

Published Jul.18, 2014

Updated Apr.22, 2024

By: Noor Muhammad

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Table of Content

Construction management business plan for starting your own company

As long as humans continue to live in houses, the construction industry cannot go out of business. This business plan for construction company sample is being made to make it possible to start a construction management business that can be beneficial. Continue to read this document if you want to know how to open a construction company that can make you serious money.

Strategic management is one of the key factors that are needed to make any construction business a success. If you lack this, the company will not survive for long, let alone being profitable. This construction company business plan will focus on all areas that are important in making a construction company a success.

Executive Summary

2.1 the business.

Tyler Constructors will be a registered and bonded company based in and operating from Atlanta, Georgia. The funds needed for starting up a construction company will be provided by Tyler Corleone, an Italian Engineer who has been in the construction business for some 25 years now.

2.2 Management of Construction Management Company

If you want to know how to start a construction management business, the most important thing for you to learn is the management of the company. Construction is a complicated field and if the management is not handled the right way, it can never be profitable.

Tyler Constructors will be headed by Tyler Corleone. He will hire 3 managers for operations, liaison, and contracts. 2 Engineers will also be hired to run the actual construction work. All the managers and the engineers will be answerable to Tyler and will be required to bring any important matter to his notice as soon as possible. Now, let’s see how to write a business plan for investors to get funds for a construction management business,

2.3 Customers of Construction Management Company

The customers of this business will also pretty much the same as those of an interior design business plan . The main customers will include:

• Private clients.
• Corporate clients.
• Government agencies.
• Non-profit bodies.

2.4 Business Target

The answer to the question: how to set up construction company cannot be complete without setting the business targets. The targets of Tyler Constructors are:

• Starting to make a profit of $36,000 a month after three years.
• Becoming the leading construction management company in Georgia in 5 years.
• Expanding to at least two more states by the end of year 10.

Company Summary

3.1 company owner.

The owner is one of the most important aspects of any construction project management plan example. The owner of this company will be Tyler Corleone. He is an engineer with extensive knowledge and experience in the field of construction project management. He is also the one arranging funds for this venture.

3.2 Why the Construction Management Business is being started?

Tyler is starting a commercial construction company because he has seen a lot of potential in the field. He has been associated with the field for a long time and knows is inside out. The current boom in the economy and the shift of people towards this sector has made this business a lucrative one.

Another reason for starting this business is the passion Tyler has for this field. He wants to live through his work for ages to come and to do this he is planning to write his name quite literally in stone all over the US.

3.3 How the Construction Management Business will be started?

Step1: Planning Phase

The next thing we need to talk about in this construction management business plan sample is the planning of the business. In this stage, Tyler will run the competitive analysis and will make a feasibility of the business. The target market segments will also be selected at this stage.

Setting up a construction company is not an easy thing and planning needs to be done on an extensive scale for the business to be successful.

Step2: Establishing a Brand Name

Making a brand that people can trust is the next step in any business plan for architecture firm . Tyler plans to make a brand that people can depend on and that has a worth in the market.

Step3: Establishing An Office

Once the planning and branding bits are out of the way, the next step will be to establish an office. This will be the point of contact with the world for the business.

Step4: Going Online

Having an online presence is very important for any business to succeed these days. Tyler Constructors will make a website where people can come to know about them or place any order for any construction contract.

Step5: Promotion and Marketing

The last step is to make the brand known to the people so much that people start linking the name Tyler with construction.

The services Tyler Construction will be providing are the next thing that need to be discussed. Unlike a real estate flipping business plan , owning a construction company means you have to provide a number of different services. The main services we will be focusing on in this construction project management template will be the following.

• House Renovation

Home renovation is one of the most lucrative of all construction projects. Finishing touches in any building are the most expensive and always have a large profit margin. We will be providing these services all over the state of Georgia and will make a name in this market segment.

• Home Building

As there is a lack of reputable home builders in the area, we will provide this service. This will not be a very lucrative one, but the number of projects will be higher than other services and will earn us quite a bit of profit.

• Commercial Construction

We will also provide all sorts of commercial construction services from shopping malls to hotels. This will be one of the bulk income services that we will be providing.

• Government and Public Sector Construction

This will be the most important service provided by Tyler Constructors. As government projects are generally large, this will make up the bulk of steady revenue for the firm.

Marketing Analysis of Construction Management Business

Business plan for investors.

A detailed marketing analysis of the target market is one of the most important things for starting a successful business. If you need to know how to write a business plan for a construction company, you need to know the industry. The US construction industry is worth just under $1 trillion and is expected to grow to $1.25 trillion by the next year. This expected boom in this industry means that now is the perfect time for starting a construction management business in the US.

If you want to learn how to open a construction company, the most important thing to consider is the market you are planning to penetrate. Even though the industry is huge, your construction company business plan needs to have something distinct that sets it apart from the rest.

5.1 Market Trends

The next thing a construction business proposal template needs to shed light on are the trends of the market. The construction industry in the US has always been growing, less the great depression and the recession of 2008.

All the construction business plans need to have a close look on the market before setting foot in the business. This is just like making business plan for engineering consulting .

5.2 Marketing Segmentation

The Market segments Tyler Constructors will be providing the services will include:

5.2.1 Government Agencies

These are unarguably the largest customers of any construction company. Tyler Constructors will focus on establishing as a reputable government contractor. This is a profitable segment of the market.

5.2.2 Corporate Clients

These are one some of the most profitable of all segments of the market. Tyler Constructors will provide all type of construction services to this segment of the market.

5.2.3 Home Building Market

This is a large segment of the market but the worth of individual projects is not very much. This market will be sort of a side business for Tyler and will be used to cover the overheads of other projects.

5.2.4 Non-Profit Bodies

The services provided to this segment of the market will be not for profit but as a civic duty of Tyler Constructors to play their role in improving the society.

5.3 Business Target

• To provide impeccable construction management service in the state of Georgia.
• To become one of the leading government construction contractors.
• To expand to national market and make a name.
• To start making $500,000 in profits by the end of 5 years.

5.4 Product Pricing

Excellent work.

excellent work, competent advice. Alex is very friendly, great communication. 100% I recommend CGS capital. Thank you so much for your hard work!

Our products and services will be priced slightly below the average price on the market. This will be used as a tactic to attract customers. After we make a credible name in the industry, we will increase the prices.

Marketing Strategy

You need to have a strong construction management marketing strategy if you want to be successful in this field. The most important aspect of any marketing strategy for construction company pdf is finding out what the competitors lack and building your strategy around it.

The construction firms in the area do not have established brands and do not offer flexibility in the services. This means that these are the aspects on which Tyler Constructors will be basing their marketing strategy.

6.1 Competitive Analysis

• We have a very experienced team, made up of managers and engineers who can complete the projects on a tighter budget.
• We will involve the client in all stages of the project, and use the materials and practices they want, something no other constructor in the area does.
• We will offer the flexibility of completing any stage of the project, if someone wants just a grey structure or just the finishing we will do that.

6.2 Sales Strategy

• We will use print, electronic, and social media to advertise the business.
• We will have a separate wing dedicated to finding advertisements for construction projects and biding on them.
• We will keep the prices low for the first year to attract more customers.

6.3 Sales Monthly

6.4 sales yearly, 6.5 sales forecast, personnel plan.

Construction is a labor-intensive business. The need for skilled and unskilled labor in this field is more than any other one. We will hire some people on a permanent basis and others on project-to-project basis. This is because if you hire all the staff on a permanent basis, the overheads will be too much to make the business profitable in the days when there is no ongoing project. Let us see what the minimum staff is needed to make this construction management business plan possible.

7.1 Company Staff

• The CEO of the company will be Tyler Corleone.
• 3 Managers for Liaison, Operations, and Contracts.
• 1 Accountant to manage the finances of the company
• 2 Engineers to manage the construction sites.
• 4 Overseers to run the construction activity.
• 3 Drivers for the office and staff.
• 2 Office boys.

7.2 Average Salary of Employees

Financial plan.

The cost to start a construction company is obviously more than a remodeling business plan . The actual costs can only be determined with reasonable accuracy when the business is started. However, here are some of the costs that you need to have arranged before the company is started:

• The cost for setting up the business.
• The cost of basic construction machinery.
• The money needed for staff salaries.
• The cost of setting up the website.
• The online and media marketing cost.
• The cost of overheads before the company starts making money.

8.1 Important Assumptions

8.2 break-even analysis, 8.3 projected profit and loss, 8.3.1 profit monthly, 8.3.2 profit yearly, 8.3.3 gross margin monthly, 8.3.4 gross margin yearly, 8.4 projected cash flow, 8.5 projected balance sheet, 8.6 business ratios.

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How to create a construction management plan

Construction management is a lot like trying to get a bunch of 3-year olds to the beach.

There’s 1,000 different toys, shovels, and buckets. There’s (somehow) already sand everywhere, and nobody’s coming when they’re called. Someone in the back keeps asking “are we there yet?” and someone else is already in tears.

And you’re there, hands gripping the wheel of the minivan, threatening to drive this whole thing into the river.

But you’re good at it (construction management, that is).

You maintain open communication with clients and subcontractors, and make sure to write out the timeline for each step of the building process.

Yet, deep down, you know it could be better.

It’s requiring far too much work, and you’re sure that most of this could be automated if only you had the right plan and tools in place.

What is a construction management plan?

A construction management plan (CMP) is a formal document approved by construction stakeholders (i.e., investors, subcontractors, architects, clients). 

It outlines how a construction project will be executed, controlled, and monitored. Some CMPs are summaries, while others are more detailed.

There are three types of construction management plans:

• Overall CMP: Used by some clients to map out the high-level project goals from concept to delivery.
• Detailed CMP: Used by contractors to detail the schedule, costs, and execution of each task required to complete the project. This is the CMP type we’ll focus on in this article.
• Impact CMP: Used to address the impact a construction project will have on the community surrounding it (tends to follow the format issued by the relevant municipality).

Using the right type of plan ensures you’re communicating the information needed to move forward with your project.

A detailed CMP is also an essential part of keeping stakeholders apprised of changes and up-to-date throughout the project.

Otherwise, you could end up missing deadlines or having to rework construction elements because you didn’t get buy-in on time.

Did you know that almost half of all construction rework is due to poor miscommunication and poor project data?

And one of the primary reasons for miscommunication is the lack of a common platform for all stakeholders to communicate and share project data.

Fortunately, this is avoidable with the right construction management planning tools (but more on that later).

What’s included in a detailed construction management plan?

The purpose of a detailed construction management plan is to strategize how to execute a building project.

There tend to be nine key areas:

• Scope: What are you building, what are the main deliverables, and how are you going to prevent scope creep (control the project scope)?
• Schedule: What are your main milestones or key delivery dates? How will you create and manage the schedule so it stays current?
• Budget: What’s your budget for the project? How will you control costs and prevent overspending?
• Resources: Who do you need to complete the project (electricians, plumbers, etc)? How will you make sure you have the resources available when you need them?
• Procurement: What else do you need for the project (construction materials, supplies, subcontractors, machinery)? How will you locate it, get the best price, and ensure it’s to the site for when you need it?
• Quality: What requirements (building codes, etc) does the project need to meet? How will you make sure it passes?
• Risk: What are current risks to the construction project? How will you track and handle current risks and new ones that crop up?
• Communications: Who do you need to keep updated on progress, risks, and issues? How do you plan to keep them in the loop?
• Change: How are you going to control changes to the project?

The great thing about a CMP is once you write the first one, a lot of the information can be used again and again.

Your schedule might change from project to project but how you plan to manage it likely won’t vary once you have a solid process in place.

How do you create a construction management plan?

After gathering the necessary information for your construction management plan, it’s time to start developing it. You’ll find this is simple to do with the right tools.

It’s critical to find a tool with all the features you need so that you don’t have to rely on multiple platforms. According to Capterra , roughly  56% of organizations use a single PM system — so it’s definitely possible.

The construction management software you use should also come with other features to promote cross-team communication, automated project updates, and budget tracking.

With a solid construction project management plan written and the right PM software, you can plan and manage projects seamlessly.

5 templates for planning and managing construction projects

If you decide to use project management software , look for one that comes with construction templates, like the pre-made templates from monday.com’s project management platform.

It’ll save you from creating your CMP and other construction plans from scratch.

If you’re a construction manager, here are five essential templates that you should check out.

#1. Project management plan template

Our project management plan template is perfect for creating your first construction management plan.

You can easily include everything you need in a detailed CMP and include external links to important information like building code regulations.

Once you create your CMP, you can use the following 4 templates to break the project down further and monitor the day-to-day activities.

Then simply link those boards to this one so you can still access everything from one place.

#2. Construction schedule template

The construction schedules template is a great solution for construction managers who’d like to step away from using Excel spreadsheets for scheduling.

It’s the answer to how you can create and manage your construction schedule throughout the build.

This visual timeline allows you to quickly organize the milestones, tasks, and time frames of your project.

It also includes a progress bar and statuses to indicate what’s in-progress, completed, validated, or rejected.

#3. High-level project plan template

Creating a high-level project plan allows you to roll up your schedule so you can focus on the main goals of a project while your project team worries about all the details.

This template includes the deliverables and requirements, which offer a clear overview of the major project items that are needed and expected.

You can use it to immediately see what’s progressing as planned and what needs your attention.

#4. Subcontractors board template

Large construction projects require the help of numerous subcontractors. With this subcontractors template, you can easily keep track of them all.

You can capture their names, emails, phone numbers, location, and progress.

By sharing this with your team, everyone can know which subcontractors are supposed to be on site at what time, and who to call if someone’s a no-show.

#5. Project details template

Sometimes leaving the details to your team just doesn’t work.

Whether you’re having to dive into the weeds on a regular basis or just like to spot-check what’s going on, the project details template is perfect.

It breaks a project down into subcategories instead of dates or stages. So, if you’re only worried about the kitchen renovation, you don’t have to scroll through all the other stuff to find it.

You can customize the template to group work by floor, by room, or by whatever category you prefer to work with.

We get it, managing construction projects can be a time-consuming headache.

But it doesn’t have to be this way.

Using the right type of construction management planning tools can ensure you’re communicating the correct information to all the necessary stakeholders so that you can move your project forward without a hitch.

Ready to start organizing your next project’s milestones? Give our free project milestones template a test drive!

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Executive Summary of a Construction Contractor: Template & Example

• May 9, 2024
• Business Plan , Executive Summary

A construction contractor business plan needs a straightforward executive summary . This part of your plan is the first thing investors and partners see, and it should clearly outline what your construction contractor is all about. It’s where you explain what makes your construction contractor business different and worth investing in.

We recommend using a two-slide PowerPoint format for this summary. The first slide should cover the basics of your business and the market you’re entering. Here, you detail your construction contractor’s services, location, and what sets you apart from others. The second slide focuses on your management team and your financial plans, highlighting the people behind the business and how you expect the construction contractor to grow financially.

This simple, two-slide approach ensures that your executive summary is easy to follow and covers all the essential points about your construction contractor business.

Construction Contractor Business Plan

Fully editable 30+ slides Powerpoint presentation business plan template.

Download an expert-built 30+ slides Powerpoint business plan template

Construction Contractor Executive Summary: Page 1

Business Overview

When detailing the business overview in your executive summary, it’s crucial to provide clear and concise information. This includes the name of your construction company, its location, and an overview of the types of construction projects you undertake.

These details not only introduce your business but also set the stage for its unique qualities. Indeed, a unique selling proposition (USP) is what sets your construction company apart from the competition. Whether it’s your expertise in green building practices, your use of cutting-edge technologies like BIM, or your focus on client-centric service, your USP should be a focal point of your executive summary. It’s what captures the interest of your audience and showcases the unique value your business brings to the market.

Example: For instance, “Superior Builds,” located in the industrial hub of Metro City, operates from a well-equipped office on Builders Lane. Established in 2010, they specialize in commercial and residential projects, incorporating sustainable building practices and advanced technologies such as BIM. Their USP is their commitment to eco-friendly construction methods, which not only appeal to environmentally conscious clients but also provide long-term value through energy efficiency.

Market Overview

Understanding and presenting the market size , growth trends, and industry dynamics are integral parts of the market analysis . This section should highlight the potential of the U.S. construction market, backed by relevant data like market value and growth rates. Discussing industry trends, such as the adoption of green building materials and BIM, provides insight into the evolving landscape and where your construction company fits within it.

Equally important is the competitive landscape. Your executive summary should identify key competitors and explain how your construction company positions itself in this environment. Whether you focus on specialized construction services, superior project management, or innovative construction solutions, this is your opportunity to showcase how your company is poised to stand out in a crowded market.

Example: Consider “Superior Builds” within the general contractor industry, part of a $112 billion market. Despite intense competition from 493,728 companies nationwide, “Superior Builds” differentiates itself by focusing on sustainable building solutions and advanced project management using BIM, catering to a growing segment of the market that values environmental responsibility and efficiency.

Construction Contractor Executive Summary: Page 2

Management Team

The management team’s background and expertise are significant assets to your business. In your executive summary, highlight the key qualifications and experiences of your team members.

This might include the CEO’s extensive background in sustainable construction or the CFO’s expertise in financial management within the construction industry. Demonstrating the team’s expertise not only builds credibility but also assures potential investors and partners of your construction company’s capability to succeed.

Example: At “Superior Builds,” the team is led by CEO John Carter, a pioneer in green construction with over 20 years of industry experience, and CFO Linda Smith, who has a robust track record of managing finances for large-scale construction projects. Their combined expertise ensures the company’s strategic positioning and operational efficiency.

Financial Plan

The financial plan overview should succinctly summarize your financial goals and projections, including revenue targets and profit margins, to provide a clear picture of your construction company’s financial trajectory.

Example: “Superior Builds” aims for $16 million in annual revenue by 2026, with a profit margin of 7-20%. The financial strategy includes leveraging high-profile, sustainable construction projects and expanding into new markets, with sales growth driven by a strong reputation and strategic partnerships, positioning the company for profitability and industry leadership within the next few years.

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A Detailed Guide to Construction Management Plans

Construction project management is the art of planning, handling, and executing construction projects. These projects demand knowledge in various fields starting from finance and law to business and management. Moreover, there are a plethora of challenging tasks to be handled that are prone to last-minute changes.

Subject to this, it is imperative for project managers to document a detailed, well-structured construction management plan. When every aspect and attribute of the construction project is recorded, it facilitates managers to supervise and complete the projects within time and budget.

This blog is a complete guide on how to document and define an effective construction management plan.

What is a construction management plan?

A construction management plan is a document that entails detailed information on mechanisms, tools, resources, and the knowledge transfer necessary to deliver complex construction projects. The plan enables project managers to determine project feasibility and develop resource schedules that align with the goals and objectives. It further facilitates efficient project resource planning and management.

Construction management plans bridge the communication gap between cross-disciplinary teams which is critical before beginning the projects.

With an organized plan and schedule, managers can be held accountable and ensure that the workforce is committed towards timely and quality accomplishment of the construction work.

Overall, it is a handbook for the project managers that can help them in managing construction projects to succeed.

Read More: Project Resource Management: An Ultimate Guide on How to Master it

Here is what goes into a construction management plan,

What goes into a Construction Management Plan?

Define the project scope.

The project’s scope is inclusive of the project’s goals and objectives, deliverables, features, financials, tasks, and deadlines. Defining these variables builds the foundation of your construction management plan.

When managers have detailed documentation of every project attribute, it becomes feasible to plan construction projects and allocate tasks with accuracy.

Resource capacity planning

Once the project scope is in place, the construction management plan should have a resource schedule ready. Building the right team to accomplish varied tasks is crucial to get a headstart on the construction project.

Managers must therefore assemble the right workforce and allocate the right tasks to them to avoid any potential bottlenecks in the future. Capacity planning before project execution also provides enough window to the manager to recruit the resources well in advance and eliminate delays.

Read More: What is Resource Capacity Planning? An Ultimate Guide for Every Project Manager

Phase design and budgeting

The overall project plan must be divided into small phases or small projects. This will enable decision-makers to track the progress at every stage conveniently. In addition, designing each phase facilitates accurate budgeting as the management practices and methods to be employed are explained explicitly.

Phase designing and budgeting is vital to get an estimate of the total revenue that will be generated. It will also facilitate managers to assess the feasibility of the project.

Stating the interdependencies

Enunciating tasks and their interdependencies on other departments is a must in construction projects . That’s because construction projects operate with cross-functional teams and coordination is required between every team for the project’s success.

Thus the plan created by the project manager helps them supervise the construction planning and ensure that projects are completed on time.

These are the essentials of a construction project management plan. Of course, managers can configure the plan as per their projects and requirements.

Let us now understand the steps that will help you create an effective and systematic construction management plan.

Construction Project Planning Steps

Document the scope.

A comprehensible scope outlines the construction project’s goal and purpose in terms of its value and benefits. It is a compilation of both the stakeholder’s and client’s expectations and inputs. After diligent analysis of every input, a scheduling plan for the construction is developed.

In addition to this, a project’s scope explains each and every team member’s roles and responsibilities in detail. It also includes the project’s timeframe, financials, methods and techniques to be employed. Moreover, it consists of factors that may adversely affect the project’s progress.

In a nutshell, the project’s scope is an overview of all the project attributes. Documenting the scope is therefore the most important step while drawing out the plan.

Draw out a Work Breakdown Structure (WBS)

A work breakdown structure (WBS) , as the name suggests, is a deliverable-oriented breakdown or bifurcation of projects into smaller tasks. Drawing out a WBS allows project managers to categorize the projects into manageable chunks.

They can schedule and allocate the right task to the right resource with ease. One of the major benefits of designing a WBS is that it enhances task management efficiency and helps managers ensure uniform allocation of workload. A WBS is, therefore, necessary to help project managers track the project’s progress at every stage. This will help them implement corrective measures in case of discrepancies.

Read More: What is Resource Allocation? A Comprehensive Guide for Project Success

Feasibility study

A construction project depends on environmental, social, and financial factors. A shift in even one of these can impact the project’s progress. Before beginning the execution, project managers must meticulously assess every factor. They should also analyze if the project is prone to environmental hazards or if the project will be profitable enough.

This careful evaluation constitutes the feasibility study. Before investing the resources, their time, and the proje c t costs, conducting the feasibility study is necessary to ensure the project’s success.

Cost and time analysis

Major construction projects cost thousands of dollars to your firm every hour. A slight delay in the timeline can eat into your organization’s profitability. Managers can prevent these setbacks from happening by running an extensive cost and time analysis. This is only possible when they have centralized visibility of their project tasks and resources booked to complete them.

With a unified view, project managers can calculate the resource and equipment costs which will help them calculate approximate total revenue. Thus cost and time analysis is crucial to ensure that projects are delivered within time and budget. Note that employee leaves, holidays, and buffer time must be taken into consideration while analyzing the timeline.

Read More: What is Resource Scheduling? How to Schedule Resources for Projects Efficiently?

Quality control and risk management

Stakeholders and clients have to be specific with the project quality they want. This quality is clarified in terms of material and the final output. The onus is on project managers to ensure that this quality is maintained throughout the project lifecycle.

More importantly, a risk management plan has to be in place when you are dealing with construction projects. This is because these projects are not only prone to time and cost overruns but also pose safety risks. A construction management plan therefore must have a contingency plan and quality control audits.

Documentation of communication plan

When a project pivots on cross-functional departments, transparent communication and coordination are imperative to ensure smooth functioning.

The project manager’s role is to document the collaboration channels beforehand to make sure no department or team is left out of the loop.

If one team faces a challenge, it can communicate and notify other departments who are dependent on them. This way, curative steps can be taken in time to avoid delays and further roadblocks.

These are the steps to be followed to document a systematic and well-organized construction management plan.

In conclusion, mentioned are some tips and tactics for project managers to effectively plan construction projects,

Read More: Understanding Resource Availability within Project Management

Conclusion- Tips to plan construction projects

The construction industry projects demand a detailed plan to ascertain that no factor or attribute is overlooked. A shift in one factor can cause a ripple effect restricting the project’s progress. Thus, managers must make a diligent effort to develop this plan. The above-mentioned constituents and steps will help you formulate a systematic plan and lead your project to succeed.

Below are some additional tips to add glory to your plan:

• Open all channels of communication and collaboration . Ensure that all the documents are uploaded on the drive to make them accessible from anywhere.
• Use effective resource management or project management software to gain 360-degree visibility of the enterprise. This will help you track progress at all times.
• Time and task management are two important components to ensure project profitability. Plan and workforce smartly and efficiently to avoid over-utilization of resources and delays in meeting deadlines.
• Safeguard your project data by investing in secure software and creating a backup at regular intervals. Losing this data can cause a catastrophic effect on the project’s progress.
• Review and improve your plan every time. A construction management plan is always a Work in Progress. Based on the changing factors, keep updating the plan to enhance efficiency.
• Project managers must keep in mind the lessons learned from past experiences and improve their project planning process.

The Glossary

Read More: Glossary of Resource Workforce Planning, Scheduling and Management

What steps do you follow to design a detailed construction management plan for your firm?

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The 6 phases of construction project management (CPM)

It’s hard to think of an industry with more moving pieces and active stakeholders than the construction industry. From materials to suppliers, keeping your construction project in order, on time, and on budget is a task unto itself. 

Luckily, that’s where construction project management (CPM) comes in. With effective CPM, you can track your work, your team members, and your deliverables in one easy place. While CPM won’t help your project build itself, it will help you bring cross-team clarity so you can work more efficiently and effectively as a team.

What is construction project management (CPM)?

Construction project management (CPM) is the process of managing, regulating, and supervising construction processes. CPM can vary from a single project to managing an entire construction management company. Either way, CPM can help your team plan your project work during the pre-construction phase, track deliverables during the construction phase, evaluate project delivery, and close out at the end of the initiative. 

Unique challenges of construction management

In CPM, it’s particularly important to pay attention to project constraints and safety details. A construction project has many similarities and a few key differences to a more traditional project you might have worked on. 

For one thing, construction projects often have a wide variety of stakeholders who need to work together closely but cross-functionally. This includes:

The project owner

The project supervisor

Construction project managers

General contractors

Subcontractors

City planners

Civil engineers

Public workers

Construction-specific project needs

As you can imagine, construction projects have specific needs that are unique to this type of workflow. As you begin thinking about CPM, make sure you have a way to manage:

Vendor management

Budget tracking

Cost estimation

Change orders

Project schedules

Daily, weekly, and monthly inspection logs

Bidding processes and contract negotiations

Quality control

Safety management

Job site monitoring

General project management needs

At its core, every construction project is just that—a project. While you shouldn’t neglect any of the construction elements of CPM, make sure you’re also following project management best practices. 

You can do this by:

Running a feasibility study before beginning the project.

Adhering to all of the steps in the project initiation phase to make sure your team is set up for success.

Setting up a proactive risk management process , like a risk register .

Creating a work breakdown structure (WBS) to capture all of your project deliverables and sub-deliverables.

Using the critical path method to identify the best timeline for the project.

Following cost management best practices both before and during the project.

Effectively communicating with your project team and stakeholders.

Following resource management best practices .

Defining clear workflows in a centralized source of information.

The 6 phases of CPM

In general, there are six phases to any construction project. Some of these phases are longer than others, but follow this six-step process to set your project up for success.

1. Initiation

The first part of any project, including a construction project, is the initiation phase . This is also sometimes referred to as the conception phase. During this phase, your team will work with the client to identify their needs and how your team will meet them. 

Depending on the scope of the project , you may also want to run a feasibility study or do a full business case to analyze whether or not this project is doable. Even without a formalized business case, make sure you incorporate design sketches into your project plan to ensure you and your client are on the same page. 

2. Pre-construction

Once you’ve finalized the details with your client and signed your contract, it’s time to dive into pre-construction. This is when you start assembling your team—including general contractors—and field testing your construction plans if necessary. 

The pre-construction phase is critical to a successful construction project—if you dive straight into the execution phase, you could miss important details that could lead to project failure. Instead, take some time to clarify:

When you should check in with your clients: Which project milestones do they want to be involved in? 

What your communication plan is: Where and how will you share project status updates with your client? 

Where your project information will live: What is your team’s central source of truth for all of your project information? How will you ensure all of your project team members are using the correct information, especially across project phases ? 

What your risk management plan is: What project risks have you identified, and what’s your plan for proactively mitigating them? 

What your project roadmap will look like: What dependencies does your team need to look out for, and how can they visualize those dependencies? 

What your project budget is: How will you track your project budget ? Which cost control best practices will you put into place to ensure you don’t go over budget? 

What you’re working towards: What is your end goal? Where can your team find your work breakdown structure listing all of your project deliverables and sub deliverables? 

Make sure you’re keeping track of all of this information in a tool everyone can access. Project management tools make it easy to share information with team members and stakeholders and to visually track project progress. Use a Gantt chart to bring your roadmap to life, see progress in real-time, get notified if any project plans shift, and stay up-to-date on any project milestones. 

3. Project execution

Now that you’ve planned your project to perfection, it’s time to put it into practice. The project execution phase is exactly what it sounds like—this is when your project team and general contractors are building your project! 

One of the most important things to carry through into the project execution phase is communication. Poor communication is one of the most common reasons for project failure , especially in the construction industry. Think about all of the stakeholders involved in a construction project. Without a clear way to keep everyone in the loop, especially as people roll onto and off of the project, you’ll never be able to finish the project on time and on budget. 

Good communication starts with a clear communication plan, but it doesn’t stop there. Make sure you have a way for team members to access important project information—including the lessons you learned during previous phases. Documenting your client conversations, your team updates, and your project progress reports in one place makes it easy to avoid making the same mistakes you’ve already made. That way, you’re more likely to hit your deliverables on time and on budget. 

4. Commissioning

Once the final product is built, you move on to the commissioning phase. There are three steps to the commissioning phase: 

1. Do a final walkthrough

Before you present the finished product to your client, you want to make sure you didn’t miss anything. Take some time to walk through and test your finished product to ensure there are no errors. Document anything you find in a construction punch list . 

What is a punch list?

Eine Mängelliste ist ein Tool im Bauprojektmanagement, mit dem Sie all die kleinen Aufgaben dokumentieren, die noch zu erledigen sind, bevor das gesamte Projekt als abgeschlossen betrachtet werden kann. Für Projektverantwortliche sind die Begehung und die Mängelliste auch eine hervorragende Möglichkeit der Qualitätskontrolle. Gibt es im Gebäude irgendetwas, das nicht den Vertragsspezifikationen entspricht? Wurde irgendetwas nicht korrekt installiert? In solchen Fällen kann der Projektmanager die Mängelliste aktualisieren, damit die entsprechenden Fehler behoben werden. 

2. Present the finished building to your client

Once you’ve finished your internal walkthrough, it’s time to present the finished deliverables to the client and walk them through everything you’ve created. The client will want to inspect the construction site and test systems and equipment. Hopefully you’ve caught all of the errors ahead of time, but if they find any new errors during their walkthrough, it’s your responsibility to fix them as quickly as possible.

3. Train the client on any systems before you leave

Even without errors, make sure the client and building manager know how to operate any relevant systems so they can maintain the building once you’re no longer on the premises. This can include things like electricity, plumbing, software, and more.

5. Occupancy and warranty

During the occupancy and warranty period, the client actually moves into the building. You will no longer be on site, but you may still be responsible for the construction project depending on your contract and your local or federal warranty policies. 

There are two types of warranties depending on your situation: contractual warranty and implied warranty. Work with your internal legal department to figure out which warranty you have and how long the warranty period lasts. 

6. Project closure

Once the warranty period is over, the project is closed. You’ve fulfilled your obligation to the client, but you’re not quite done yet. In order to ensure your team got the most out of the project, hold a project post mortem meeting to review what went right and what could be improved. Catalog lessons learned in a shared tool. That way, the next time you have a similar project, you already have a head start on the planning process.

Tools you need to run a successful construction project

Now that you understand the six phases of construction project management, you need to execute on those phases. That’s where construction project management software comes in. 

What is construction project management software? 

Construction project management tools are tools to help construction professionals execute their work and hit their deadlines. There are two types of tools you can use:

Traditional tools , which offer features specific to construction teams but can be difficult to learn and require a project manager to manage the tool.

Modern project management tools , which are flexible for any team and can be run by anyone.  

What are modern project management tools?

Modern project management tools make it easy for you to coordinate work, stay in sync, and hit your deadlines. Unlike traditional project management tools, modern project management software is easy for anyone to use. These tools have everything you need to succeed and mold a project exactly to your requirements. 

Key features to look for in your construction project management software

Regardless of what type of tool you use, make sure you select a tool that lets you do the following:

Set clear deadlines

In CPM, deadlines are of utmost importance. Missing a deadline has a cascading effect and can delay the entire project completion schedule. If your team doesn’t know who’s doing what by when, and who’s responsible for the work being done, deadlines are much more likely to fall through the cracks. In fact, according to our research, 26% of deadlines are missed each week.

The key to setting good deadlines is clarity. Make sure your team knows exactly who’s responsible for the work being done, what project dependencies they need to be aware of, and any stakeholders they need to loop in. If you haven’t already, draw out the critical path of your most important work. The earlier you can clarify this information, the more time your team has to make sure they’re prioritizing the right work at the right time. 

What is a critical path?

A critical path in project management is the longest sequence of activities that must be finished on time in order for the entire project to be complete. Any delays in critical tasks will delay the rest of the project.

Especially when it comes to large construction projects, you may need to schedule tasks out weeks or even months in advance—especially when it comes to large pieces of equipment or specialty items. In the moment, a short delay doesn’t seem like a big deal, but if these delays impact your critical path, they may lead to larger issues down the road. 

Visualize the project timeline and dependencies

There are a lot of moving pieces within CPM. With Gantt charts , you can visualize all of this work in one place. Gantt charts are bar chart-like tools that represent each task as a horizontal line. You can see how long each task is expected to take, connect dependencies between tasks for added clarity, and even add project milestones on key dates. 

The power of dependencies

Even with the clearest deadlines, sometimes, things get delayed. Maybe your shipment didn’t arrive on time because of a storm, or a team member was out sick unexpectedly. When these delays happen, it’s critical that you and your team can clearly understand the impact of the delay. 

If something gets delayed, ask yourself the following questions: 

What other tasks and dependencies will need to be pushed back as a result? 

Will this delay impact our overall project deliverables?

Is there work we can do in tandem to make up for the delay? 

Having this level of clarity immediately when a deadline is missed makes it easy for your team to adjust and hopefully, make up for lost time. Alternatively, if someone completes a deliverable early, the person waiting on that deliverable to start their work can get notified about it and start right away. 

Coordinate across multiple projects

If you work at a bigger construction company, you may have many projects in the air at once. When team members are working across projects, one of the most important things for you to keep track of is what each team member has on their plate, and when. 

No one can keep all of this information in their head—and with effective construction management tools, you don’t have to. Instead, capture all of your team’s work in one place and view team member workload across multiple projects. That way, you can avoid overbooking team members and ensure that they have the bandwidth to complete work for your project on time. 

Centralize communication

Clear communication is critical—but in CPM, it’s even harder to coordinate than in traditional project management. Not only do you have a variety of stakeholders and a job that takes you away from the computer, but you also have team members rolling on and off the project. Without clear communication, it’s easy for things to fall through the cracks. 

To prevent this from happening, make sure your entire project team is communicating in the same place—your construction project management tool. By maintaining a single source of truth, there will never be any questions about who’s working on what or the latest status on a piece of work. 

In particular, you need software that updates in real-time so your entire team is updated on the status of work—whether they’re at the office or on the job site. With modern construction project management software, you can also add stakeholders to the project so they get real-time project status reports without having to attend a meeting. 

Track project costs

A huge element of whether or not your construction project succeeds is whether or not it ends under budget. This is especially important in CPM because you may be paying for large, upfront material costs that you need in order to build your final deliverable—whether that’s a house, a building, or something even bigger. But keeping track of budget is really hard to do. 

Like communication, it comes back to viewing information in real-time. When you can visualize project costs in real-time, you can not only see the budget you’ve spent, but quickly course correct if it seems like you’re veering off track. 

Standardize processes

The construction industry is vast—but most construction projects your team works on are probably pretty similar. In addition to following the six steps of CPM, you’ll have your own sub-steps in place to help manage the work and keep your team on track. 

The difference between a successful and unsuccessful construction project often comes down to how well you can execute on those small sub-steps. With a million moving pieces, a diversity of contractors and team members, and potential project risks that could jeopardize your final deliverable, it’s critical that your team stays on top of all of the little details, every time. 

If you’re working on a project similar to a past initiative, there’s no reason for you to reinvent the wheel. Instead, look for a way to templatize your processes. That way, you can plug and play when you have a new construction project—without worrying that you’re going to miss a step. By streamlining the project process, you’re also giving your team more time to execute, rather than plan.

Real-time updates on the go

A lot of the time, you need access to information when you aren’t at your desk. Walking through the construction site and notice something amiss? You need a way to log that information into your project management software so you can solve the issue as quickly as possible. 

Look for a tool with a really good mobile app that allows you to update your work in real-time. That way, everyone—in the office and on the job site—are on the same page.

Better project management with Asana

Construction management is a high-intensity field, and you need a way to keep up with all of the changing plans and unexpected changes. There are construction project management tools out there, but that’s not what we focus on. Asana is a work management platform —which means we think about processes, not just projects. 

With Asana , you can plan and execute any project. From centralized decision making to streamlined information sharing, Asana is an all-in-one tool to help your team get their best work done and hit their goals. 

Related resources

What are story points? Six easy steps to estimate work in Agile

What is a flowchart? Symbols and types explained

How to choose project management software for your team

7 steps to complete a social media audit (with template)

Starting Your Own Construction Business? Here’s Why Construction Project Management Software Should Be a Priority.

Posted on May 14, 2024 |

Starting your own construction business is exciting. It’s also scary. 

There are so many different aspects of getting a trade contracting business off the ground that it is easy to get overwhelmed and lose sight of why you were so excited in the first place. The keys to success are to take a deep breath and create a detailed, actionable business plan.

“A well-thought business plan can guide you through the launch process and ensure that every aspect of your construction company is budgeted for,” explains Mike Enright , operations manager at Wolters Kluwer. 

While completing this task may seem difficult on the surface, it doesn’t have to be. “Your business plan can be as extensive or simple as you feel is needed,” writes Enright. What matters most is that it is comprehensive. 

To achieve that end, one item that absolutely must be addressed in your plan is the technology tools you will use to help you run your business as efficiently as possible. A project documentation management solution, like eSUB, should be at the top of that list.  

Table of Contents

Project Documentation is Critical to Your Business’ Success

How you control your construction project documents matters. 

“Document control is an integral part of efficient construction project management,” writes Ravindra Ambegaonkar , marketing manager at NY Engineers. If you don’t have “complete, accurate, and accessible records,” your projects “may suffer from major setbacks,” he notes. That risk is particularly high if you use manual document control processes.

Manual Document Control Causes Problem

The purpose of documentation in construction is to compile and track project information so that you can ensure projects are on time and on budget. Good document control also helps you make good business decisions. You can’t do any of these things well if you are using physical binders and multiple spreadsheets as your data repositories. 

That’s because the only person with access to real-time project data is the one in possession of these documents. Everyone else’s data is outdated for as long as it takes for the owner to submit their documents and for that information to be stored or shared with all project stakeholders. It’s also nearly impossible to compile and analyze historical data when information is being held in different places. 

Consequently, business and project decisions may be made using bad data. That’s why “real-time data collection is critical in the construction industry,” writes Ben Sparhawk , marketing account manager at Stevens Engineers and Constructors. “Real-time data collection enhances decision-making,” he adds.

Poor document management also leads to productivity losses. “When a business doesn’t have streamlined document workflows, employees lose valuable time every day to process inefficiencies,” writes RTG Solutions Group . “Poor processes create redundancies, errors, bottlenecks, confusion, and frustration. All these things impair business productivity. This, in turn, hurts your bottom line.”

The only way to avoid these problems and create maximum efficiency in document management is to use digital tools designed for that purpose.

“Accessibility is a crucial tenet of document control,” writes Stonemark Construction Management . “Documents should be available to everyone who needs them when they need them. To this end, you must equip your team with the right technology.”

The Right Construction Project Management Solution is an Invaluable Business Asset, Especially for a New Company

Planning ahead to implement a construction project management platform from the start will help you avoid document control chaos and get your new business started on the right track. It’s a critical step in your business plan that will help ensure your company’s long-term success. 

With the right software, you can build a sustainable business by increasing productivity, increasing profit margins, improving operation, and bringing in new business.   

Technology Increases Productivity

Productivity is a critical component in a successful construction business. You need your team members to be able to maximize the time they spend on project-specific tasks in order to meet often-tight project deadlines so you can stay profitable. 

That’s nearly impossible to do when they have to spend hours each day on administrative tasks, like document management. They sacrifice key time that can otherwise be spent completing the highly-skilled work you hired them to do when they have to manually fill in, seek out, and submit documents. 

Construction project management software streamlines and optimizes document workflows, automates some administrative processes, and facilitates access to real-time documents and data so your teams can complete administrative tasks quickly and efficiently and get back to doing profitable, project-specific work. 

“Connecting data and document workflows in real-time results in smoother projects, increased efficiency, and improved profitability for your organization,” writes sustainable architect Forough Farhadi at Neuroject. 

Digital Tools Streamline Operations

In order to build a profitable construction business, you must be able to streamline your operations. If your processes are clunky, all aspects of your business will be chaotic and inefficient. 

That’s the struggle Monarch Mechanical faced before implementing eSUB. The company was using outdated, manual project management methods that were time-consuming, error prone, and inefficient.   

“When I got here, not a single job was in line … it was chaos,” says Jason Yano , director of operations. “They used to just dump all their sent emails for a job onto the server with no labeling,” he explains. “So it just was basically the same file labeled with a 1234 or 5 at the end … sometimes 100 different pieces of communication.”

He quickly realized they needed organization.

Construction project management software provides the level of organization and operational efficiencies Yano was seeking. eSUB facilitated a vital transition from the fragmented and manual processes to a centralized, automated system which was instrumental in streamlining operations for Monarch Mechanical.

The Right Software Helps Grow Your Business

You don’t start a new company with an expiration date; you start it with longevity in mind. When your people are more productive and your operations are more efficient, you have the bandwidth to take on more projects, increasing the profitability and sustainability of your company. 

To win those new projects, you need the historical data that construction project management software can provide. Because the technology centralizes the data, historical data is at your fingertips. You can use it to create more realistic and competitive bids so you win more profitable projects. 

That’s a big reason why Ground Breakers Construction started using eSUB. The tool has the capabilities to help the company scale for growth. 

“Over time we will be able to use our historical data to help us bid better, know our strengths, and know what we need to improve,” says Chief Operating Officer Marty Siebe . “It also gives us a competitive advantage over any other subcontractor still using paper; being able to have live, up-to-the-minute data in the palm of your hand is essential.”

Your New Business Needs Construction Project Management Software

The critical lesson here is don’t underestimate the importance of document control and data management to construction projects. 

“Disregarding document control spells trouble in construction,” asserts Stealth Mode cofounder Chris Lee . “By giving document control the attention it deserves, construction companies can significantly enhance their profitability, project outcomes, and stand out in a competitive market.”

As you plan your new company and the technology that will help you build it, be sure to prioritize construction project management software so you maximize efficiencies from the beginning. For trade contractors, the best tool for the job is eSUB.

Schedule a demo of eSUB Cloud today to learn more about why its software is a critical asset for your new construction business.

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Construction Business Plan

Whatever construction work you do whether it be commercial construction, landscaping , maintenance or building construction, your services alone won’t be enough to attract investors and clients. With a business plan , companies will be able to attract potential investors to help get their company from the ground up. Construction companies in particular sometimes need investors to get their project up and running. How will they be able to do that? By presenting a construction business plan to them.

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What is a Construction Business Plan?

A construction business plan is a blueprint for how a construction company runs their operations. It contains information about the company itself and the construction services it provides. This business plan also contains the goals of the construction company as well as the business strategies used to achieve them. Content of a construction business plan also include safety plans and business procedures. Like all business plans it serves as a guide for the construction company on how to navigate in the world of business.

How to Create a Construction Business Plan?

According to a recent graph by Statista, the total spending of the United States has been going upwards from 2011 onwards. This means a lot of money can go in your company’s way especially once you get a hold of investors through an impressive construction business plan.

1. Create an Introduction to your Business

Everything that is important has to have a proper introduction. To get started with your business plan you need to write an introduction about your construction business first. Similar to a proposal you need to make a formal and a good impression with your readers when presenting the plan to them. Write a summary of your company; how it started, what it does, and where they currently operate. Write about the services your business provides but don’t go into the details just yet. Make it intriguing enough to make your readers want to read on.

2. State The Truth

When you are writing your construction business plan always remember to be truthful. False claims on your business plan may impress your readers at first. But when the truth is uncovered it can result in your business having a bad reputation and that can spell doom for your company . So make sure all your words are facts that can be backed up.

3. Fact Check and Include Documentation

Keeping in line with the previous step, take the time to fact check all your statements . When you are stating things about your company especially when it involves money and confidential information, make sure they are backed up by concrete evidence. Provide documentation as well as further proof when you write about your projects in your business plan so that means including photos and construction blueprints.

4. Include Your Strategies

This step is especially important when you are a startup company. When making your construction business plan write about the strategies that you have in order to reach the goals of your company. You can write about your marketing and financial strategies for a start. Write about the assets you have that enable you to achieve your plans such as the general contractors you have under your employ for example. Making this part allows you readers to know how you plan on bringing your company up and whether you have the means to achieve it.

How long does it take to write a construction business plan?

Creating a well thought out business plan for your construction company can take months depending on the knowledge you have and the detail you dedicate into making it.

How long should a construction business plan be?

A well written construction plan should take about 15 minutes to skim. In that time you should be able to convey everything important about your construction company. If it takes longer to read try to rework your plan by making it less wordy.

Who is the one who creates the construction business plan?

People who have a key position in the construction company are the ones who should be involved in creating the business plan . Somewhat such as the founder or CEO should be the one who usually prepares it but they can also be assisted by consultants with relevant knowledge.

Your construction business plan serves as a written blueprint on how to run your company. Give it a lot of thought when you are writing it down especially when you are going to use it to attract investors . With a well made plan you will be able to get even the most hesitant investors to work with your company. And with their help the clients will also be drawn to the company leading to more business and profit.

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Access our collection of user-friendly templates for business planning, finance, sales, marketing, and management, designed to assist you in developing strategies for either launching a new business venture or expanding an existing one.

You can use the templates below as a starting point to create your startup business plan or map out how you will expand your existing business. Then meet with a  SCORE mentor to get expert business planning advice and feedback on your business plan.

If writing a full business plan seems overwhelming, start with a one-page Business Model Canvas. Developed by Founder and CEO of Strategyzer, Alexander Osterwalder, it can be used to easily document your business concept.

Download this template to fill out the nine squares focusing on the different building blocks of any business:

• Value Proposition
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• Key Resources
• Key Partners
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• Revenue Streams

For help completing the Business Model Canvas Template, contact a SCORE business mentor for guidance

From creating a startup budget to managing cash flow for a growing business, keeping tabs on your business’s finances is essential to success. The templates below will help you monitor and manage your business’s financial situation, create financial projections and seek financing to start or grow your business.

This interactive calculator allows you to provide inputs and see a full estimated repayment schedule to plan your capital needs and cash flow.

A 12-month profit and loss projection, also known as an income statement or statement of earnings, provides a detailed overview of your financial performance over a one-year period. This projection helps you anticipate future financial outcomes by estimating monthly income and expenses, which facilitates informed decision-making and strategic planning. 

If you’re trying to get a loan from a bank, they may ask you for a personal financial statement. You can use this free, downloadable template to document your assets, liabilities and net worth. 

A Personal Financial Statement is a

Marketing helps your business build brand awareness, attract customers and create customer loyalty. Use these templates to forecast sales, develop your marketing strategy and map out your marketing budget and plan.

How healthy is your business? Are you missing out on potential growth opportunities or ignoring areas of weakness? Do you need to hire employees to reach your goals? The following templates will help you assess the state of your business and accomplish important management tasks.

Whether you are starting your business or established and looking to grow, our Business Healthcheck Tool will provide practical information and guidance.

Learn how having a SCORE mentor can be a valuable asset for your business. A SCORE mentor can provide guidance and support in various areas of business, including finance, marketing, and strategy. They can help you navigate challenges and make important decisions based on their expertise and experience. By seeking out a SCORE mentor, you can gain the guidance and support you need to help grow your business and achieve success.

SCORE offers free business mentoring to anyone that wants to start, currently owns, or is planning to close or sell a small business. To initiate the process, input your zip code in the designated area below. Then, complete the mentoring request form on the following page, including as much information as possible about your business. This information is used to match you with a mentor in your area. After submitting the request, you will receive an email from your mentor to arrange your first mentoring session.

Copyright © 2024 SCORE Association, SCORE.org

Funded, in part, through a Cooperative Agreement with the U.S. Small Business Administration. All opinions, and/or recommendations expressed herein are those of the author(s) and do not necessarily reflect the views of the SBA.

Butte County updates local drought plan

C HICO — California may no longer be in a drought, but local governments still face requirements to make changes based on Senate Bill 552.

The Butte County Board of Supervisors unanimously voted on a resolution that would ultimately update the county’s drought plan which was initially implemented in 2004.

Water and Resource Conservation Director Kami Loeser presented the item before the board and requested authorization for her department to take part in “direct technical services” to make the updates happen.

“The state’s department of water resources offers a county drought resilience planning assistance program that would provide direct technical assistance to support the county’s drought planning efforts,” Loeser said in her presentation. “And the drought direct technical assistance program is administered through (The California Department of Water Resources) and implemented by a consulting firm that they have retained.”

SB552 was signed by Gov. Gavin Newsom in 2021 and shifted some of the requirements for conserving and utilizing water.

“SB552 specifically requires all counties to improve drought and water shortage preparedness for state small water systems and domestic wells within a county’s jurisdiction by establishing a standing drought water shortage task force or drought task force and developing a county drought resilience plan or DRP,” Loeser said.

Additionally, the board approved two contracts that will add to the Palermo Clean Water Consolidation Project.

The first, at the cost of just north of $2.52 million, will go to the Butte and South Feather Water and Power Agency for the procurement of water conveyance infrastructure to assist areas facing dry or drying wells.

A second contract for $475,000 was approved to bring on a consultant for construction management services.

Both contracts have a term through Sept. 30, 2025.

Other business

Aside from preparing for an updated drought plan, the board voted on the following:

• A sublease agreement at the cost of just short of $5.26 million was approved for the Behavioral Health Sobering Center with Horizon Services, Inc. at 560 Cohasset Road.

• A contract with Escheman Construction Company was approved for the Oro Quincy Highway Road Repair Project to the tune of $4.26 million.

• Seven properties had liens imposed on them after being declared public nuisances.

• A presentation was given on the Mobile Hygiene Center and Homeless Shelter Case Management Program along with a public hearing for the program’s grant close out. Though the grant term has ended, the program will continue on.

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Employee Onboarding Guide

Onboarding definition & overview.

Last updated: May 15th, 2024

Quality onboarding is crucial for new employees' long-term success and organizational productivity. Learn why a solid employee onboarding process can make a significant impact on employee experience and retention, plus innovative ideas to approaching welcoming new staff.

Onboarding Guide Navigation

> Definition & Overview

What Is Onboarding?

Onboarding is the process of integrating new employees into an organization. It includes the orientation process and opportunities for new hires to learn about the organization's structure, culture, vision, mission and values. Onboarding can span one or two days of activities at some companies; others offer a more extensive series of activities spanning months. 

Onboarding is often confused with orientation. While orientation is necessary for completing paperwork and other routine tasks, onboarding is a comprehensive process involving management and other employees and can last up to 12 months. 

Why Is It Important to Get Onboarding Right?

All new employees are onboarded—but the quality of the onboarding makes a difference. Too often, onboarding consists of handing a new employee a pile of forms and having a supervisor or HR professional walk the employee around the premises, making introductions on an ad hoc basis. When onboarding is done well, however, it lays a foundation for long-term success for the employee and the employer. It can improve productivity, build loyalty and engagement, and help employees become successful early in their careers with the new organization.

A study by  Gallup  showed that while only 12 percent of employees felt their company did a great job with onboarding, those employees were nearly three times as likely to say they have the best possible job. Overall, only 29 percent of new hires felt they were prepared and supported to excel in their new role. This leaves a lot of room for improvement.

Other studies consistently show a positive correlation between engaged employees and a company's profitability, turnover rate, safety record, absenteeism, product quality and customer ratings. An effective onboarding plan offers an ideal opportunity to boost employee engagement by, for example, fostering a supportive relationship between new hires and management, reinforcing the company's commitment to helping employees' professional growth and proving that management recognizes the employees' talent.   For further reading learn  how to optimize the onboarding process  and the importance of good onboarding . 

Relatedly, an  employee value proposition  (EVP) defines the value employees will get from working for a particular organization. It embodies the promises made during recruitment and is lived out every day through company culture. Onboarding gives employees their first look at how an organization's EVP may or may not be realized.

Onboarding Process Summary

While there are many ways to design an onboarding program, some components are integral to the process:

1. Preboarding

Consider inviting new employees to tour the facility, sending informational material, providing care packages, and assigning a buddy to help them integrate before their official start date.

2. Orientation

Introduce employees to the organization's structure, vision, mission, and values; review employee handbook and major policies; complete paperwork; cover administrative procedures; and provide other mandatory training.

3. Foundation Building

Ensure the onboarding process consistently embodies an organization's culture, mission, employee value proposition, brand, and other foundational elements, recognizing that assimilating these values takes time.

4. Mentoring and Buddy Systems

In partnership with hiring managers, enlist mentors or buddies to provide new employees with guidance, assistance, and insights into organizational nuances.

View our full guide on onboarding process steps.

Innovative Approaches to Onboarding

Various components of an onboarding program can be delivered using different approaches and methodologies combined to suit the organization and available resources.

Some employers are using innovative practices, such as games, video, and team-building exercises, to get new hires excited about joining the company. They're also working to make sure people can hit the ground running with functional workstations and equipment. Some examples of this include: 

Facebook has its "45-minute rule," which means all new employees can begin to work within 45 minutes of arriving because all of their systems and devices have been set up before they report for their first day.

Leaders at Suffolk Construction, a national construction firm based in Boston, invite entry-level hires to participate in a variety of team-building exercises, including rowing the Charles River. 

New employees at Bedgear, a Farmingdale, N.Y.-based manufacturer of performance bedding, take a walking tour of downtown Manhattan to visit other retailers that sell customized products, including Warby Parker and Samsung.

View more  original onboarding options, shared from 4 HR leaders . 

Continue Learning About Onboarding

Additional resources:.

• Checklist for Developing Onboarding/New Hire Practices
• New Hire Orientation Checklist
• New-Hire Orientation Process
• New Hire Survey
• New Hire Survey – Remote Employee
• Onboarding Companies and Vendors in the SHRM Vendor Directory  
• SHRM Store resources on  Onboarding

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NovaWind JSC has launched the Karmalinovskaya wind power plant construction in Stavropol Krai

• 04 August, 2020 / 17:10

Nova W ind JSC has launched the Karmalinovskaya wind power plant construction in Stavropol Krai. WPP’s total generating capacity will reach 60 MW with annual energy production – 147 GWh. The power plant will consist of 24 wind turbines with a capacity of 2.5 MW each. The company is going to invest more than 8 billion rubles in the construction.

More than 50 construction vehicles as well as 150 workers and engineers have been involved in the building process already. Currently the bored piles are being installed. Workers are now reinforcing the future foundations of the wind turbines, building crane sites and ensuring vehicle access to the objects and unitized transformer substations. The construction process is accompanied by the concrete production at two concrete plants with a supply of 160 m 3 of concrete per hour.

“We have started the construction of the Karmalinovskaya wind power plant. The WPP’s location was chosen promptly thanks to the Novoaleksandrovskiy district administration. The project makes it possible for land users to continue agricultural works and employ WPP’s infrastructure. As a power generation company, we will be able to achieve maximum WPP’s installed capacity utilisation”, - said Alexander Korchagin, CEO of the NovaWind JSC.

For reference:

NovaWind JSC is a ROSATOM division for implementation of the wind power projects. Overall, by 2023, enterprises operating under the management of NovaWind JSC, will install 1 GW of wind farms.

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LUKOIL AND CHINA’S CC7 CONCLUDE COOPERATION AGREEMENT

Monday, November 13, 2023

PJSC LUKOIL and China National Chemical Engineering & Construction Corporation Seven (CC7) signed a cooperation agreement on creation of a gas chemical facility in the city of Budennovsk, Stavropol region. The document provides for the development of project documentation in cooperation with Russian companies.

The project will allow to capitalize on the natural gas produced at LUKOIL Group fields in the North Caspian by manufacturing carbamide, a chemical fertilizer that is much in demand in the world market.

An option to use an incentive mechanism is currently examined in collaboration with the Stavropol region authorities. This mechanism could take form of a special investment contract for the project, which will create new jobs and additional tax payments.

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03/04/2024 - lukoil expands its fuel stations network in uzbekistan.

LUKOIL Group opened two multifunctional full service filling stations at the M39 motorway – a key autoroute in Uzbekistan. 

01/03/2024 - LUKOIL LAUNCHES CONSTRUCTION OF SOLAR POWER PLANT IN KAZAKHSTAN

A commemorative capsule to mark the beginning of the construction of a solar power plant was laid today in the Almaty region of the Republic of Kazakhstan.​

01/02/2024 - LUKOIL WINS THE GLOBAL CORPORATE SUSTAINABILITY AWARDS

LUKOIL Group 2022 Sustainability Report debuted in the international Global Corporate Sustainability Awards and received a bronze class award in the Sustainability Reporting category. 

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Special Economic Zone of the Tourist and Recreation Type as a Tool of Regional Policy

• Conference paper
• First Online: 03 November 2019
• Cite this conference paper

• Natalia S. Beskorovaynaya 11 ,
• Elena V. Khokhlova 11 ,
• Ilya V. Ermakov 11 ,
• Zukhra S. Dotdueva 11 &
• Vitaly V. Lang 11  

Part of the book series: Lecture Notes in Networks and Systems ((LNNS,volume 91))

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1 Citations

Unsuccessful attempts to create special economic zones in several subjects of the Russian Federation, which have the corresponding natural conditions and resources, for the purpose of development of tourism and regional economy, actualize the problem of their economic substantiation and formation of the corresponding normative and methodological provision.

The purpose of the article is to determine the main factors that determine successfulness of implementing the projects for creation of special economic zones of the tourist and recreation type in Russian Federation and to improve organizational foundations of managing the development of territories that have tourist potential.

Methodology. In the recent years, the number of scientific works devoted to the problem of increase of effectiveness of functioning of special economic zones of various types in Russia has increased. However, most studies reflect peculiarities of development of successful zones – as a rule – technical and implementation, as well as theoretical aspects of their influence – on the territorial economy. At that, not enough attention is paid to the issues of economic substantiation of special zones of the tourist and recreation type as a tool of regional policy.

Analysis of the state of sanatorium-resort sphere in Stavropol Krai has been performed on the basis of statistical information, with the use of the methods of analysis, synthesis, comparison, systemic methods, etc.

Results. The resorts of the Caucasian Spas, most of which are located in Stavropol Krai, possess unique natural and geographic resources and the balneological basis. However, the quality of recreation services is low, and the municipal resort infrastructure is very old. The services’ consumers are the Russian population (more than 90% of the general number of the customers). Thus, there’s necessity for state support for development of the territorial resort complex.

Miscalculations and mistakes at the stage of substantiation of the project of a special economic zone in Stavropol Krai, which constituted in planning the construction of the resort infrastructure on new territories and orientation at new tourist products, which required large budget investments, became the reasons for its incompleteness. Besides, it is necessary to note the existing uncertainty of the order of actions for creation of a special economic zone, ignoring the dynamics of demand for recreation services, and the consequences of influence on the environment. However, such projects allow for receipt of large federal investments into modernization and reconstruction of old resort infrastructure of municipal entities.

Conclusions. It is concluded that special economic zone of the tourist and recreation type could be an effective tool of regional policy that implements a complex approach to management, oriented at activation of economic environment. At that, all efforts should be aimed at development of existing resort infrastructure and tourist business, and after that – at formation of new recreational territory.

Substantiation of the necessity for creation of special economic area should be based on criteria of sustainability of the project, its significance for development of the region, and economic effectiveness.

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Natalia S. Beskorovaynaya, Elena V. Khokhlova, Ilya V. Ermakov, Zukhra S. Dotdueva & Vitaly V. Lang

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Elena G. Popkova

Davis Center for Russian and Eurasian Studies, Harvard University, Cambridge, MA, USA

Bruno S. Sergi

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Beskorovaynaya, N.S., Khokhlova, E.V., Ermakov, I.V., Dotdueva, Z.S., Lang, V.V. (2020). Special Economic Zone of the Tourist and Recreation Type as a Tool of Regional Policy. In: Popkova, E., Sergi, B. (eds) The 21st Century from the Positions of Modern Science: Intellectual, Digital and Innovative Aspects. ISC 2019. Lecture Notes in Networks and Systems, vol 91. Springer, Cham. https://doi.org/10.1007/978-3-030-32015-7_24

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DOI : https://doi.org/10.1007/978-3-030-32015-7_24

Published : 03 November 2019

Publisher Name : Springer, Cham

Print ISBN : 978-3-030-32014-0

Online ISBN : 978-3-030-32015-7

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