The role of a commercial manager and the functions performed play a critical part in the commercial and financial success of a construction project, or of any other business.

This guidance note outlines the role of commercial management in construction, providing a framework of guidance covering the most common tasks that a commercial manager will perform on a construction project.

The UK guidance note is effective from 21 June 2016.

The Australian guidance note is effective from September 2018.

Included in this guidance note are:

  • a practical guide to contract administration for a cost/value reconciliation and forecast model
  • a template risks and opportunities register.