# Construction Management & Inspections
During construction the developer (owner) manages cost, schedule, quality, and risk.
## Cost & payment
- **Schedule of values** breaks the contract into line items.
- Monthly **pay applications** (often AIA G702/G703) request payment for work in place.
- **Retainage** (commonly 5–10%) is withheld until completion to ensure the job finishes.
- **Lien waivers** are collected with each payment to protect against mechanic's liens.
## Schedule & quality
- Track the **critical path**; manage delays and **change orders**.
- **Inspections** — the building department inspects at milestones (footings, framing, MEP rough-in, final). Third-party **special inspections** (concrete, steel, soils) may be required.
## Risk
- Maintain insurance and safety (OSHA) compliance.
- Document everything: RFIs, submittals, change orders, daily reports — your paper trail in any dispute.
**Takeaway:** Document everything and manage change orders — your paper trail protects your profit.
> *Educational content — not legal, engineering, or financial advice. Requirements vary by jurisdiction; always confirm with the local authority and your professional team.*
