Project concept and concept development
Feasibility Studies and Financial modelling
Financing arrangements
Marketing
Sales
Legal resource co-ordination
Principal Liaison
Appointment of Consultants (including Project Manager).
Projects Generally Can Be Divided Into Three Phases :
PROJECT EVALUATION & DESIGN PHASE
PROJECT CONSTRUCTION PHASE
POST COMPLETION PHASE
Detailed below are specific tasks for each stage.
PROJECT EVALUATION & DESIGN PHASE
Project identification, concept planning, preliminary feasibilities, investor/developer liaison to
green light & deal structuring and “sign off” by investors (steps 1 – 7).
Strategy implementation on purchase negotiations, structuring of purchase contract terms and conditions and financing.
Establishment of preliminary budgets and budget allocations.
Selection of consultants and establishing consultants’ scope of responsibilities. Structuring of the
Project Control and Management team.
Establishing basic project accounting structures.
Refinement of design concept, setting and directing objectives of consultants and Project Manager,
Co-ordination of cost and value data and all other information to enable a decision to be made as to viability
or non-viability within budget and time objectives.
Meeting contract conditions as required.
Legal briefings and co-ordination of legal services.
Instructing and managing Project Manager’s project responsibilities.
Liaison with marketing representatives on project composition and pricing to ensure product acceptance relative to standards, pricing and market expectation.
Developing project theme and image.
Developing the marketing strategy.
Attending consultants and other meetings as appropriate.
Overview of costing and cost review process.
Discussion with Client on progress of design/costing process. Think-tank solutions with Client.
Reporting to Client as agreed and/or as necessary.
Development of final project profile and feasibilities supported by appropriate evidence and/or data.
Negotiation of Sales arrangements, staffing, sales office management, stationery, other requisite, commission structures and payment systems.
Establishment of sales strategy and sales approval process.
PROJECT CONSTRUCTION PHASE
Monitoring Project Consultants activities and responsibilities.
Attend site meetings as required to monitor progress.
Making selections of final finishes and products as required.
Strategy, implementation and review of marketing plan.
Continuous liaison with sales staff and marketing consultants.
Planning and implementing sales strategy approach.
Reporting to Client and financier.
Co-ordination of progress claim.
Appointing and supervising other consultants and service providers as necessary.
Negotiating individual sales and ensuring sales documentation is processed.
Ensuring conformance with all government (local, state, and federal) and other authority requirements and regulations.
Acting in all respects as Principal’s representative within agreed parameters and authorities.
POST COMPLETION PHASE
Monitoring Project Managers activities and responsibilities.
Co-ordination of titling process.
Co-ordination of the settlement finance facilities and other settlement costs and disbursements.
Project cost wrap up.
Project finalisation.