Prospects 3

.pdf

School

University of North Texas**We aren't endorsed by this school

Course

TECM 2702

Subject

Management

Date

Dec 15, 2024

Pages

Uploaded by AmbassadorSardineMaster1187

Construction Management: A Promising Career Path By: Diego Rodriguez

Table of Contents 1. Front Matter3. Introduction4-5. Job Prospects in Construction Management6. Interview6. Conclusion7. Works Cited List of Tables and Figures 4. Table 1: Median Salaries of Construction Managers Across States

Introduction Purpose Statement The purpose of this report is to inform academic advisors and undergraduate directors with an informative overview of the construction management career to better advise and engage other students into this major. The report shows insights on job prospects, field requirements, salary expectations, and responsibilities while also including insights from a professional perspective. The way in which the professional perspective is included is by having a real recording of an interview in the report. Many questions such as what kind of people a construction management career suites were answered. Overview of Job Prospects Construction management is a dynamic career that combines technical knowledge, leadership, and problem-solving. The median annual salary starts from $104,000 and has a projected growth rate of 8% by 2032, the field is shown to be sustained demand meaning it's not going away anytime soon. As urbanization and infrastructure expansion continue, construction managers will play a crucial role in ensuring projects are delivered on time, within budget, and safely. Preview of the Interview Insights from an experienced construction manager provide more insight on the profession’s hands-on work, leadership challenges, and the rewarding aspects of seeing projects to completion. These reflections are fundamental in understanding and knowing the daily realities of the field.

Job Prospects in Construction Management 1. Definition of the Profession From the beginning to the end, a construction manager supervises building projects, making sure they follow budgets, schedules, and quality requirements. They work together with clients, contractors, engineers, and architects to plan every facet of the project. Site inspections, resource distribution, upholding safety compliance, and handling unforeseen difficulties are just a few of the duties. 2. Salary Range According to the Bureau of Labor Statistics, construction managers earn a median annual salary of $104,000, or $50.43 per hour. Regional variations exist; for example, California offers a higher median salary of $132,000 due to demand, while Texas averages $95,000. By comparison, project managers in similar industries earn approximately $90,000 annually, making construction management a more lucrative option for hands-on professionals. State Medium Salary Cost of Living Index California $132,000 149 Texas $95,000 92 Florida $97,000 100 New York $120,000 134 Illinois $98,500 101

3. Job Prospects It is anticipated that the construction management field will expand by 8% between 2022 and 2032, which is faster than the average for all occupations. This demand is being driven by green building initiatives, urbanization, and infrastructure rejuvenation. Strong prospects for becoming professionals are guaranteed by the expected 40,000 new employment that will be generated over the next ten years. 4. Field Requirements A bachelor's degree in civil engineering, construction management, or a similar discipline is normally required of construction managers. Prior building experience and internships are extremely beneficial. Additional qualifications like OSHA 30, PMP, or LEED accreditation might improve employability, and some states need licensing. Typically, new workers receive a year of on-the-job training. 5. Job Responsibilities The following are typical responsibilities for construction managers: - Develop project plans and schedules.- Prepare budgets and cost estimates.- Coordinate with architects, engineers, subcontractors, and clients.- Ensure compliance with legal, environmental, and safety regulations.- Inspect sites for quality assurance and safety compliance.- Manage resources to reduce waste and optimize efficiency.- Oversee project timelines to prevent delays.- Handle contract interpretation and negotiations.- Track project progress and address emerging issues. 6. Additional Information The field’s dynamic nature, combining office work with on-site engagement, appeals to problem-solvers and leaders. Internships provide students with valuable hands-on experience, and construction management offers a clear path to leadership roles. The diversity of projects ensures that professionals continuously face new challenges and opportunities for growth.

Interview Source: Person from Reddit The interviewee is a construction manager who is working on large-scale residential projects. Not only this but their role involves project planning, budgeting, and team coordination to ensure that the project is delivered on time and looks well. Summary of Insights The person interviewed emphasized the different aspects of working in construction management. They highlighted the challenges, such as adapting to diverse teams and fast-paced environments. Their typical day starts with team meetings and site inspections, followed by coordinating resources and reviewing budgets. "Each project is never the same; there is always something new to learn," they shared, which indicates the ever-changing aspect of the profession. They advised pursuing this career for its hands-on problem-solving opportunities and leadership development. However, they noted that it’s not for everyone: "You have to be able to adapt fast and enjoy working with diverse teams." They found the most fulfilling aspect to be "seeing the project done because it shows all the hard work and time put into it. Conclusion In conclusion the Construction Management profession offers a promising career with competitive salaries, strong job growth and many different responsibilities. The career appeals to those who seek hands on work, leadership and something different to do every day. With the urbanization of many places and infrastructure needs driving demand the field showcases a stable career path for future professionals. Those students who show interests in problem solving, teamwork, and real-world impact will find this career in construction management an excellent choice.

Works Cited The Ultimate Guide to construction Management | ProCore. (2024, August 20). Procore. https://www.procore.com/library/construction-management Indeed Editorial Team. (2024, August 18). Learn about being a construction manager. Indeed Career Guide. https://www.indeed.com/career-advice/careers/what-does-a-construction-manager-do?__cf_chl_tk=5mSdfM1lfeabyacNUICyowFUAoe2Csvi6vakdOMZUvE-1731040561-1.0.1.1-V6cJbyu_gjUpHyA4_57KMNWTtAGw4HLpVziUrceL_lI Construction managers. (2024, August 29). Bureau of Labor Statistics. https://www.bls.gov/ooh/management/construction-managers.htm