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As a Developer or Investor … What Should You Expect from Your Project Manager?

4 June, 2013 by Matt Pearce Leave a Comment

Office-Refurb
EVERY CONSTRUCTION or refurbishment project is unique, in its specific requirements and challenges.

Accordingly, each project requires a broad range of skills and experience — which a professional project manager needs to be able to deliver.

So what is it you should be looking for, when appointing a Project Manager?

Below is a checklist covering the skills your project manager needs to bring to the table — thereby, ensuring the successful delivery of your next project.

  • Formulate a comprehensive project brief in consultation with you, as the Client. This brief would involve obtaining valuable input from those handling the marketing of the “end product”.
  • Review in detail the financial feasibility and scope any potential project risks.
  • Outline the range of expertise required to deliver the project on time and within the budget.
  • Identify and appoint of the appropriate consultants.
  • Co-ordinate and manage the various consultants (planners/ architects/engineers etc).
  • Co-ordinate all necessary approvals with Statutory bodies.
  • Manage, co-ordinate and review of all design drawings, specifications and tender documentation.
  • Identify suitable builders to partake in a tender, or direct negotiation.
  • Manage the builder’s appointment, including commercial negotiation and execution of contract.
  • Ongoing co-ordination and management of the builder and your consultant team.
  • Financial and contractual management of the overall project.
  • Continuous progress reports to you and any other stakeholders throughout the project.
  • Manage the project handover, any defects and their rectification. 


Bottom Line: Most importantly, your project manager must be able to deliver the finished project with skill, certainty, professionalism — whilst remaining flexible to the changing needs of the project, at all times.

Pearce

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Filed Under: *Expert Panel, Development Opportunity, Due Diligence, Industrial Sector, Market Sectors, Offices, Opportunities, Retail Sector Tagged With: Australia, chris lang, commercial property investing, commercial property investment, commercial property made easy, commercial property real estate, commercial real estate investing, commercial real estate investment, investing in commercial property, investing in commercial real estate, Melbourne commercial property, project management, property commercial

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