# iii. Construction Planning & Delivery

Construction planning and delivery define how a real estate project is organized, scheduled, and executed from groundbreaking through completion. This stage coordinates people, materials, time, and cost to translate approved designs into a finished physical asset.

#### **Construction Manager (CM)**

A party responsible for coordinating construction activities, schedules, and costs on behalf of the owner.

#### **Construction Schedule**

A timeline outlining the sequence and duration of construction activities and milestones.

#### **Delivery Method**

The contractual structure defining how design and construction responsibilities are allocated, such as Design-Bid-Build or Design-Build.

#### **General Contractor (GC)**

The firm responsible for executing construction work and managing subcontractors on site.

#### **Guaranteed Maximum Price (GMP)**

A contract arrangement that caps construction costs while allowing adjustments for approved changes.

#### **Mobilization**

The process of preparing a construction site, including staffing, equipment, and temporary facilities.

#### **Phasing**

The division of construction into stages to manage sequencing, occupancy, or risk.

#### **Procurement Schedule**

A plan outlining the timing of material and equipment purchases to align with construction progress.

#### **Project Delivery Team**

The group of professionals responsible for executing a construction project, including owners, designers, and contractors.

#### **Project Milestone**

A significant event or achievement marking progress within the construction schedule.

#### **Substantial Completion**

The stage at which a project is sufficiently complete to be occupied or used for its intended purpose.


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