Owners Seek Front-End Guidance While Expecting Protection from Risk
This growth is evident in the revenue totals of ENRs Top 100 CM-at-Risk Firms. In 2004, the Top 100 had combined revenue of $54.29 billion, up 6.6% over its $50.94 billion in 2003. The domestic proportion of that revenue total last year grew 5.2% over the previous year, to $48.53 billion, while the international slice of was up a whopping, but not surprising, 19.7%, to $5.77 billion.
"What youre seeing is that program management and construction management are growing rapidly overseas," says Bruce DAgostino, executive director of the Construction Management Association of America, McLean, Va. "Weve been to meetings throughout Europe and Asia, and they are clamoring for the kind of CM certification program that weve developed at CMAA."