🛡️📊 Construction Management Best Practices

Construction Management Best Practices are the disciplined processes that allow builders to consistently deliver profitable projects, maintain healthy cash flow, and earn the trust of clients, lenders, vendors, and team members.

These practices include:

• Preparing detailed estimates before committing to a project.

• Managing budgets throughout the life of the job.

• Processing change orders promptly and professionally.

• Controlling commitments through purchase orders and subcontract agreements.

• Posting incurred costs on a timely basis.

• Tracking actual costs against budget in real time.

• Monitoring vendor performance and spending.

• Recognizing earned revenue accurately using Percentage of Completion accounting.

• Producing reliable financial reports and Work-in-Progress schedules.

• Making decisions based on facts rather than assumptions.

• Maintaining transparency and accountability with all stakeholders.

The CHS Philosophy

Professional builders don't manage their business by checking the bank balance.

They estimate carefully, control costs, process change orders promptly, enter costs accurately, monitor profitability continuously, and know what they have truly earned each month.

CHS was built around these best practices and remains committed to them. We will not create shortcuts that bypass accountability, transparency, or sound financial management.