What role does a construction manager play in the estimation process?

A construction manager plays a crucial role in the estimation process by overseeing budgeting, scheduling, and cost control throughout the project lifecycle. This responsibility is essential because accurate estimation is not just about determining the costs at the initial phase; it also involves maintaining and adjusting the budget and timeline as the project progresses.

Construction managers ensure that the estimated costs align with project objectives and that the resources are utilized efficiently. They monitor expenditures against the budget, adjust forecasts as needed, and help mitigate risks that could lead to budget overruns. Their input is vital during the bidding process, where they provide insights and adjustments to ensure that the bids are competitive yet realistic in terms of costs and schedule. Essentially, they serve as a bridge between the initial estimates and the actual financial and time management throughout the project, making their role integral to the successful execution of construction projects.