Owner Representation and Construction Risk Management

An Owner’s Representative (OR) offers significant advantages over an architect managing a construction project due to their impartiality and focus on the owner’s interests. Unlike architects, who may prioritize design over budget or practicality, the OR ensures decisions align with the owner’s goals, preventing costly runaway designs.

 

They manage the project team, including architects and contractors, mitigating conflicts of interest and ensuring objective evaluations during pre-construction tasks like cost estimation, value engineering, and competitive bidding. This minimizes budget overruns and schedules delays by anticipating issues like permitting or material shortages. During construction, the OR provides ongoing oversight, tracking progress, conducting inspections, and resolving issues in real time, ensuring adherence to the plan. Their specialized project management expertise delivers projects on time, within budget, and with high quality, maintaining stakeholder alignment.