That is going to depend upon your version of "building" a 1911.
If you mean "build" like many of us have (or would like to) build an AR then you are MOSTLY slapping the parts together on a preforged/cast receiver from a popular manufacture, and other than a bit of fitting you don't need anything over the top. Unlike an AR, your project's performance will likely reflect the slapdash nature of this procedure. This last line is intended for you and me... those of us who have no exp doing it and don't have the skill to put the proper finishing touches re proper fitting. <sigh> one day perhaps.
If you mean "build" by taking an 80 % receiver and creating your very own legal firearm, including custom fitting the slide to the frame, the barrel to the slide, drilling, etc then HELL YES! Brownells has a full section of odds and ends there. The more you see what's involved in hand building a 1911 the more you understand why Wilson, Nitehawk, Baer, Brown, etc charge what they charge.
ETA: I think I wasn't as specific as I could have been for your benefit. Gunsmiths (or our friends with knowhow on the board) are involved with Scenario one because most 1911 parts require fitting. Most parts, even some so-called drop in parts require minor fitting. There is no reson why you can't do this 100% yourself provided you have the time & resources to educate and outfit yourself. If you are mech inclined, so much the better.