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01 Sep 2008
Standing Out in New York
September 01, 2008
One-year-old JRM has already established a prominent presence in The Big Apple, attracting some of the commercial giants of the town. Experience sets the company apart in the industry, it says.
By Fernie Tiflis
The duo discovered their dream to run their own firm, and when they saw the chance, they took the opportunity to start JRM. Today, McWilliams, Romano and James Connolly own the company.
- Pre-construction – The company explains it establishes and documents the scope of everyday jobs of the construction manager – as well as the other members of the project team – in consultation with the client, architect and appropriate consultants.
- Design review – The company provides ongoing advice and consultation about the design and its impact on schedule, budget and quality.
- Value-engineering evaluation – The concept, according to the company, is that “every element in the project and every system should present value in return for its cost.
- Cost estimating – JRM’s in-house estimators provide construction costs in every discipline, such as civil, mechanical, electrical, architectural and structural.
- Project budgeting analysis – JRM says it conducts this phase to establish “the validity of the project budget and monitoring compliance with this budget using= in-house estimators and proven costreduction technology. “A series of voluntary alternatives are presented, which may reduce a project component cost or shorten the project duration,” it says.
The next step includes:
- Project scheduling – “Scheduling is not a static, one-time event, but rather a discipline grounded by JRM’s reputation for delivering projects on-time,” the company explains.
- Construction procurement strategy – This includes developing a contracting plan, putting together bid packages and soliciting pre qualified subcontractors with an invitation to bid. According to the company, the construction phase is the final step, with JRM:
- Maintaining a full-time on-site preparation area;
- Establishing the lines of authority;
- Ensuring that permits and approvals are received;
- Resolving conflicts;
- Providing advanced notice on project elements;
- Communicating continually with subcontractors and various parties;
- Managing the schedule and establishing critical path flow;
- Conducting weekly meetings and providing progress reports;
- Inspecting work to ensure compliance with objectives;
- Establishing safety and risk management standards;
- Managing administrative elements; and
- Arranging for site security and preventing theft or vandalism of materials.
McGraw Hill Construction reports that retail construction has grown tremendously in 2007, and it expects the boom to continue until at least 2010. In fact, FMI Corp. – a management consulting and investment banking firm based in North Carolina – forecasts that retail construction will increase 32 percent from $78.9 billion in 2006 to $104.3 billion in 2010. New York is a particular state enjoying this growth, and JRM Construction Management is taking advantage of The Big Apple’s retail market. For high-end retail contractors, such as JRM, the retail market has offered increased build-outs over the past year in appealing locations such as Manhattan. And from the design point of view, contractors have offered a diverse mix of interior trends that have included everything from classic to modern designs. In addition, McGraw Hill explains that big-box stores such as Texas-based J.C. Penney are also experiencing growth. In fact, J.C. Penney is opening 250 stores in the next five years, including a store in New York City’s Midtown Manhattan. Kohl’s is also expected to open more than 1,200 stores by the end of 2010, and Target says it is looking into opening 2,000 stores by 2011. FMI Corp. also expects New York City’s surrounding areas to move into the similar direction. The current retail market, McGraw Hill notes, “is the hallmark of a robust retail market ... [that] defines major trends across the board.”
JRM’s commitment to its clients does not end there, however.
“Once the work has been completed and [clients] have moved in,we remain involved with our clients,” Connolly explains.