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It's important to understand the differences between hiring a general  contractor, hiring a construction manager,. Both are legal entities and insured or you could do the job yourself, but not recommended.

Construction Manager acts as an  agent on your behalf. They oversee the project to make sure it goes according to plan. Essentially, they’re your eyes and ears on the job.  We at the Charles Anthony Consultants typically use AiA Contracts, previously prepared by Construction Attorneys for completeness and fairness. Also, We onboard the best CM's in the Industry to supervise your project needs, on occasion we can staff with your referral.  Most contracts are either Stipulated Sum or GMAX, plus % of client budget & projected duration, and complexity, while overseeing the project operations and licensed subcontractors. All Plans, Permits and Bonds paid by Client. 

They  can help you find laborers and supplies, but you’re the one who is  ultimately contracting with these professionals and paying the bills. As  construction managers have experience in the construction field (and  are often former general contractors themselves), they can direct the  workflow, help manage costs, and inform you about potential issues.  However, they’re not responsible for construction problems or cost  overruns. When it comes time to close out your project, you’ll have two  bills: the overall cost of your project, and the construction manager’s  separate costs.

General Contractors are licensed, even for  smaller jobs who handles the completion of a project from start to  finish.  Any cost overruns or other issues that may  come up later are the concern of the general contractor, not you. Of  course, if you authorize additional work or a reduction in scope during  constructions, those costs will be itemized in a change order  agreement. 

As you compare the jobs of a general contractor  and construction manager, you’ll see that general contractors hold a lot  more responsibility. That’s why they also cost more: A general  contractor’s fee typically equals 20 to 30% of your total project cost, plus 15% for change orders L&M. (Materials and Labor) 

When  dealing with such large amounts of money, it’s natural to look for ways  to cut costs. You may be tempted to cut the expense of a general  contractor or construction manager. However, the problem is that if you  don’t have experience with construction, chances are you may not enjoy  leading an entire team of people to build a house or commercial development. One of the biggest differences is the "brick and mortar overhead expense. Another is most Developers overlook AiA Contract Language, SOV Sequence, SWPPP, Trash Disposal. Lastly, is beginning a project with 50% completed or less CD's 

(Construction Documents) this usually causes more expense on the back end, but gives the feel of "First of the gate-or to market- wins the race" 

For example, how will  you know if the job is being done right? How will you know if the work  is up to code? Aside from that, do you have the time to be at the  construction site every day? Try it, and you may soon feel as if you’re  holding a second job. You probably  made or witnessed costly mistakes on projects like yours in the past,  and won’t likely repeat it!”

When deciding between the two you have to decide exactly how much work  you want to put into the project. If you don’t have construction  experience or the time to manage a project, a general contractor is your  best bet. However, if you want more control over the build but need  some help executing your plans, a construction manager may be the right  fit.