The latest issue of SMACNews, a monthly newsletter published by the Chantilly, VA-based Sheet Metal and Air Conditioning Contractors’ National Association (SMACNA), presents findings from the 5th Annual FMI/Construction Management Association of America (CMAA) Survey of Owners. Building owners are demanding with increased frequency that complex construction projects be completed in shorter time spans – a reality that has influenced their perceptions of contractor service. Survey results indicate that spending more time and money at a project’s outset will ensure its success. Causes for cost overruns were sited as incomplete drawings, poor pre-planning, and increasing material costs.
Additionally, owners indicated the following as priorities:
- Better communication, collaboration, and coordination with construction managers, architects, engineers, and contractors.
- Relationships built on trust and sound ethical practices.
- A higher level of professionalism.
This information was excerpted from SMACNews, to review the complete report or newsletter, visit (http://www.smacna.org/council/index.cfm?fuseaction=view_issue&newsletter_id=1).