Highest Paying Jobs In Construction Management

Published January 17, 2023 · · Updated May 12, 2024 · 5 minutes · by Kamerpower ·

Highest Paying Jobs In Construction Management | Jobs In Construction Management. If you are looking for some high-paying jobs in the field of construction management, then this article will provide the best Paying Jobs In Construction Management. 

Construction managers oversee the planning, design and budgets of both small- and large-scale construction projects. As a construction manager, you may work in the residential, commercial or industrial sectors of the industry building or remodeling homes, designing office buildings and shopping centers or constructing manufacturing and petroleum plants.

How to Become a Construction manager?

Construction managers typically must have a bachelor’s degree, and learn management techniques through on-the-job training. Large construction firms increasingly prefer candidates with both construction experience and a bachelor’s degree in a construction-related field. Although some individuals with a high school diploma and many years of experience in a construction trade may be hired as construction managers, these individuals are typically qualified to become self-employed general contractors.

Construction management jobs generally require a college degree and work experience, reports the U.S. Bureau of Labor Statistics (BLS). Certifications from professional organizations, like the Construction Management Association of America and the American Institute of Constructors, are also gaining popularity.

Construction Manager Salaries

The median annual wage for construction managers is $98,890. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $60,050, and the highest 10 percent earned more than $163,800.

Employment Outlook

According to the U.S. Bureau Of Labor Statistics (BLS), the number of construction management jobs should increase by 8% between 2021 and 2031, which is faster than the national average of 5%. Because there are more job openings than qualified individuals, opportunities within this field are expected to be excellent. Overall, continued growth is expected in the construction industry, and the need for construction management professionals is projected to be especially great. 

Salary Information of Construction Management Jobs

In May 2021, the BLS reported that construction managers working on non-residential projects earned an average annual salary of $110,690, while construction managers working in residential construction earned an average annual salary of $99,210. The BLS reported that construction managers who worked in all areas earned between $60,050 (for the lowest paid 10%) and $163,800 (for the highest paid 10%) per year as of May 2021, with a median annual wage of $98,890.

Top Construction Manager Jobs

• Senior Construction Manager
• Construction Manager/Resident Engineer.
• Construction Manager.

Duties of Construction Managers

Construction managers typically do the following:

• Report work progress and budget matters to clients.
• Collaborate with architects, engineers, and other construction specialists
• Select subcontractors and schedule and coordinate their activities.
• Prepare cost estimates, budgets, and work timetables
• Interpret and explain contracts and technical information to other professionals
• Respond to work delays, emergencies, and other problems
• Comply with legal requirements, building and safety codes, and other regulations.

Licenses, Certifications, and Registrations for Construction Managers

Although not required, certification is valuable because it can demonstrate that a person has gained knowledge and experience. The Construction Management Association of America awards the Certified Construction Manager (CCM) designation to workers who have the required experience and who pass a technical exam. It is recommended that applicants for this certification complete a self-study course that covers the professional role of a construction manager, legal issues, the allocation of risk, and other topics related to construction management.

The American Institute of Constructors awards the Associate Constructor (AC) and Certified Professional Constructor (CPC) designations to candidates who meet its requirements and pass the appropriate construction exams.

Qualities for Construction Managers

Customer-service skills.

Construction managers are in constant contact with owners, inspectors, and the public. They must form good working relationships with these people and ensure their needs are met.

Writing skills.

Construction managers must write proposals, plans, and budgets, as well as document the progress of the work for clients and others involved in the building process.

Decision making skills.

Construction managers choose personnel and subcontractors for specific tasks and jobs. Often, these choices must be made quickly to meet deadlines and budgets.

Initiative.

Self-employed construction managers generate their own business opportunities and must be proactive in finding new clients. They often market their services and bid on jobs, and they must also learn to perform special home improvement projects, such as installing mosaic glass tiles, sanding wood floors, and insulating homes.

Analytical skills.

Construction managers plan project strategies, handle unexpected issues and delays, and solve problems that arise over the course of the project. In addition, many managers use cost-estimating and planning software to determine costs and the materials and time required to complete projects.

Business skills.

Construction managers address budget matters and coordinate and supervise workers. Choosing competent staff and establishing good working relationships with them is critical.

Technical skills.

Construction managers must know construction methods and technologies, and must be able to interpret contracts and technical drawings.

Time-management skills.

Construction managers must meet deadlines. They ensure that construction phases are completed on time so that the next phase can begin as scheduled. For instance, a building’s foundation cannot be constructed until the land is completely excavated.

Leadership skills.

Construction managers must effectively delegate tasks to construction workers, subcontractors, and other lower level managers.

Speaking skills.

Construction managers must give clear orders, explain complex information to construction workers and clients, and discuss technical details with other building specialists, such as architects. Self-employed construction managers must get their own projects, so the need to sell their services to potential clients is critical.

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