The Relationship Between PM & Contractor Explained: How D&B Really Works - Fraser Munro - EP28

Fraser Munro is the Founder of Mfive Consultancy and one of the rare people in our sector who truly understands Design & Build from both sides of the table. Fraser started his career in pre-con at LiquidSpace before becoming part of the founding team at ThirdWay, helping grow it into one of the leading Design & Build firms in London. After travelling the world and returning post-COVID, he launched Mfive Consultancy, a business that blends project management with deep D&B experience. Because Fraser has sat in both chairs, contractor and consultant - there’s no pulling the wool over his eyes. He’s seen the tricks, the tactics, the commercial manoeuvres and the subtle ways both contractors and project managers can influence cost, programme, and decision-making. In this episode, we explore: • How Fraser helped build ThirdWay and what he learned from scaling a D&B business • The difference between how contractors think vs how consultants think • The tactics used on both sides of the table and why transparency matters • What’s changed in the D&B world over the last decade, and what still needs to change • Why the industry desperately needs more forward thinkers taking a lead role in shaping its future Fraser brings experience, honesty, and a perspective that cuts through the noise. A brilliant conversation with someone who’s seen the industry from every angle and isn’t afraid to say where it can be better.