WHAT DOES A PROJECT MANAGER DO?
- Aligns Project Goals - Aligning project and organizational goals is key for success. Knowing the details of what makes a project work, seeing what has worked in the past and what hasn't, and integrating that with a client's institutional knowledge to develop a project strategy is one of the first things a good project manager will do.
- Works Efficiently - A project manager specializing in real estate projects works efficiently, they know how to deliver great projects and have the infrastructure in place to deliver. A good project manager works faster and more accurately than staff who are not familiar with the real estate industry.
- Saves Money - A project manager that saves the client money during the project may be good. A project manager that saves the client money while still delivering a quality product and facilitating a long-term relationship between the client and the vendor provides a much greater value. Losing vendor relationships after project completion is expensive, those vendors have a deep institutional knowledge of the client and the project. Getting a new vendor is the right choice in some instances, but frequently maintaining relationships is the most advantageous approach.
- Saves Time - A good project manager plans, mitigates unknowns, and works to minimize obstacles in the project. Projects inevitably have unexpected complications but an experienced project manager has the planning and experience to quickly develop a solution, so the team doesn't miss a beat.
- Brings Technical Expertise - Details matter. A good project manager knows how to work seamlessly between the details and the project strategy, constantly aligning one another. This can only be done effectively when the details are understood.
HOW A PROJECT MANAGER WORKS WITH:
- Internal Staff - Working closely with internal staff creates the strongest project team. The project manager supports internal staff with their knowledge of the design and construction process but relies heavily on internal staff for decision making and aligning project objectives.
- Real Estate Broker - As with the broker, a project manager should be engaged as soon as an organization starts to consider it's real estate options. This allows the project manager and broker to work together on the real estate strategy, so that details such as when the space is delivered for construction aligns with the project schedule. In addition, a project manager develops preliminary capital improvement budgets, which allows for an informed site selection.
- Architects/Designers - A good project manager builds a strong relationship with the design team. Each bring a unique skill set to the project. Design firms are exceptional at designing creative and impactful spaces, a project manager integrates all aspects of the project, ensuring the design supports technology requirements, operational considerations, and meets the projects financial goals.
- Contractors - We believe a contractor is most effective when brought in early in the design process to provide current pricing information and help weigh-in on constructability and maintenance considerations. Their teams often have talented project managers that are focused on constructing the designed space, not holistically managing all aspects of the project. An owner's project manager coordinates all project work with the contractor including furniture, AV systems, low voltage cabling, server room build-out, art, security, and other critical components.