March 7, 2016
In an increasingly complex world, every industry must rely on the broad-based expertise that carries across all sectors – and the specialized knowledge applicable within that particular field to successfully meet ever-evolving challenges and proactively plan for the future. Consider the construction industry – or this critical focus within multiple industries – and the management needs within that field. While there are certainly business management basics required to succeed, let’s focus on what you’ll need to know to excel in this field.
What is construction management, and what are the fundamentals that might differ in this particular industry? Today’s construction management demands an understanding of the essential elements of the business, legal and technical issues experienced in a competitive global environment. Earning a master’s in construction management online will provide you with the knowledge and skill set to embrace challenges and create positive solutions.
Southern New Hampshire University’s new online Master of Science in Management with a concentration in Construction Management addresses those needs, allowing you – as a student – to focus on the tools, practices and strategies of construction management, including the relationships between estimating and budgeting for projects, materials and methods. You’ll evaluate quality control and equipment management and the implications of construction law, contracts, and cost management in decision-making for various types and sizes of construction projects.
What is construction management for you? It may very well be your way to build a strong future, using the knowledge, skills and key takeaways from SNHU’s MS in Management with a concentration in Construction Management.
So where are these skills greatly needed? Your master’s can take you into a variety of occupational settings. While you may work a good deal of the time in an office setting, you’ll also frequent construction sites to monitor projects and make decisions on construction activities. You’ll confer with supervisory personnel, owners, contractors or design professionals, learning about potential issues and bringing resolutions to construction problems, complaints and work procedures.
Construction management involves planning, scheduling or coordinating construction project budgets and activities to stay on task and on budget to meet critical deadlines. You’ll inspect or review projects to monitor compliance with safety codes and environmental regulations, responding to work delays, emergencies and other important matters.
So what is construction management in regard to the overall success of a project for an organization? As a construction manager, foreman, superintendent, general contractor, projects executive or in other pivotal lead roles, your skills and knowledge will be critical in this growing field. With nearly 18,000 new jobs anticipated by the U.S. Department of Labor by 2024, this increase reflects a vital need for well-qualified individuals at the helm of construction projects – and an MS in Management, focused on construction management, is one way to take the forefront in leading those jobs.
Core courses in the program will allow you to utilize multiple methods for supporting and developing talent in employees in the interest of facilitating high-performance teams, dispersing expert knowledge and guiding teams through organizational change – an especially important component in today’s rapidly changing world.
Communication is key in every management role, and you’ll learn to integrate effective verbal, written, presentation and technical communication skills for gathering and presenting information, facilitating groups and teams, and building appropriate business relationships across the organization. You’ll be able to apply critical thinking, data analysis and ethical reasoning to ensure strategic systems-level decision-making in business and management.
Your master’s will enable you to create project and management plans that effectively prioritize tasks, stabilize resource conflicts and integrate appropriate project management tools. Your career will benefit from the ability to articulate the importance of business metrics, performance data and financial analysis for maintaining accountability to the business in management plans and decisions. You’ll also be able to evaluate how the brand, mission and values of your organization can integrate with effective management practices to encourage an enterprising organizational culture and brand stewardship in employees and in your own management approach.
Couple this with concepts specific to the construction management industry through courses that thoroughly engage the question: What is construction management? It most certainly involves the ability to analyze construction projects within various industries to plan, implement and manage critical aspects of the construction process. You’ll focus on budgeting, estimating and bidding, and understand the importance of each, along with materials and methods, construction law and contracts, and quality management and productivity.
With an infrastructure firmly rooted in SNHU’s Master of Science in Management, the construction management concentration builds off a strong foundation of core business knowledge and skills to position you for success in the construction industry.
What is construction management in terms of compensation? According to Salary.com, those with a title of Construction Manager I have a median annual salary of $103,585 with a range between $89,607 and $119,966. While actual salary figures differ between the type of construction industry, size, location, experience of individual and level of education, these figures were derived from an analysis of data collected from thousands of HR departments at diverse companies to present the most accurate portrait possible of annual salaries for those in this position.
What is construction management with regard to your future? It may well be the graduate degree you’ll want to pursue to build a strong career trajectory and provide a fulfilling and vital role in managing important construction initiatives across multiple industries. Learn more about SNHU’s MS in Management with a concentration in Construction Management today.
Peter Leahy is chief engineer aboard the container ship APL China. When he's not there, Peter is pursuing his online MS in Data Analytics - and his lifelong passion for conservation.
Different kinds of plagiarism can occur when researching, using and citing information or sources. Instructors and librarians can be students' greatest allies in avoiding plagiarism.
Using her education to make a difference for those who might still be searching for answers many years after a loved one was murdered or disappeared is important to York.