Pursuant to the opening of construction market, the introduction of systematic and integrated construction management system is urgently needed in domestic construction industry, and as an alternative for such need the Construction Management (CM) System which has already been activated in most advanced countries was introduced and implemented. At the initial stage of the introduction, research efforts covered fundamental and limited research areas only in order to make the people concerned understand and to distribute the system in the industry, but currently after the lapse of 10 years from the introduction of the CM System researches are actively being performed in diversified areas of the construction management field. This research examined and analyzed the status of the ratio of research topics by CM field for which researches are done actively in domestic as well as overseas and presented the direction of the research on the CM for the development of domestic construction industry in the future through the data derived from the researches. In order to identify the trend of domestic CM research, total 956 items in the list of the theses published in the journals of 3 learned societies and the list of theses for master and doctorate degree in the CM related Research Center of the universities nationwide for the period of 5 years from 2003 to 2007 were examined and analyzed while performing the examination and analysis on the trend of researches by the subject for total 1,096 items of theses published in 4 journals to identify overseas trend of CM research for the same period. For the systematic classification by the subjects of CM field in this research, the Subject Breakdown Structure (SBS) for the Construction Management field was composed of based on the classification structure code for domestic construction information which represents the existing classification structure. As a result of this research, the relative importance of domestic and overseas researches by CM field as well as the graphs for comparison of research activation fields by year could be derived for the period of 5 years from 2003 to 2007, and the result of analysis identified the strengths and weaknesses of domestic CM research field as compared to those of overseas CM research field. Based on the result of the analysis in this research, the direction of domestic CM research was presented. The comparison of data compiled and the result of analysis in this research may be insufficient to identify the current trend of researches in the CM field of our country but, in the opinion of the author, the result of this research may be utilized as meaningful reference data for the researchers of Korea in the field of CM.