Even with gloomy news of client cutbacks, results of a new survey of 300 owners are giving construction managers some hope that more in-house project management roles would be outsourced. At the annual convention of the Construction Management Association of America in San Diego, some 1,000 attendees learned Oct. 4 that at least half of owners who responded to the study, done jointly by CMAA and industry management firm FMI, reduced internal staff in the last two years; 18% noted cutbacks of more than 20%. Nearly one-third of respondents to the survey, which CMAA says is "across a wide range
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.