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Construction Project Management

About Startup Costs

The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.

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Business At A Glance

Construction Project Management

Startup Costs: $2,000 - $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.

About

Franchises Available? No
Online Operation? No

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If you've got an eye for the really big picture, this may be the business for you.

Business Overview

'Have construction knowledge and management skills, will travel,' can be the motto of your new business if you start a construction management business. The market for construction project management services is huge and includes residential and commercial construction projects. However, due to the nature of the construction industry, you would be well advised to specialize or focus on either residential or commercial construction project management. Currently, subcontract project managers are charging fees based on the construction project itself. Typically, fees are in the range of $300 to $600 per day, and can go as high as $1,000 per day for specialized construction projects.