A Construction Project Management Agreement is a legally binding document between a contractor and the owner of a construction project. This agreement defines the terms and conditions covering the management, responsibilities, risks, and rewards associated with all aspects of the project throughout its lifecycle, from start to finish. It’s essential that this agreement is drafted in a clear, unambiguous manner so that both parties can confidently move forward knowing exactly what their obligations are. By outlining the roles, plans, budgets, and expectations in advance, it ensures smooth progress towards successful project completion.