Project managers in West Chester, PA are constantly evolving their brands and properties every year. It is important for them to make sure that they are meeting their legal obligations. In addition, keeping up with the market is key to their overall success.
- Pre-Construction Planning: Typically when it comes to any construction, you need to know how much it will cost and how long will it take to complete.
- Project Scheduling: Unless the development absolutely needs immediate attention, scheduling plays a major role.
- Cost Estimating: Accurate bookkeeping records will save all commercial property owners and managers time and money.
- Design Review/Value Engineering: Understanding building maintenance requirements makes the difference between low and high market values for specific properties.
- Construct-ability Review: This is a blueprint of understanding what needs to be worked on and the history of its repairs (including general stairs, sewers, heating/cooling systems, etc).
- Scope Definition: Understanding the entire purpose of being a project manager includes every detail small and large.
- Weekly or Bi-weekly Meetings Based on Schedule: It is vital for property teams from maintenance technicians to building owners to meet on a consistent basis.
- Detailed Schedule Updates: Professional members and tenants should all be on one accord of what is going on, including rent prices (if applicable) and any major changes that can affect their work.
- Sub-contractors Weekly Meetings (Schedule, Change Orders, Safety, etc): All sub-contractors should receive the information required to do their job appropriately.
- Owner Change Orders- Time Extensions: If for any reason an order or payment arrangement is late/needs an extension, this should be written in a hard copy contract.
- Inspections (State & Local): Licenses, city/state regulations, titles, etc., have to be met and updated accordingly.
- Payment Applications: There are a variety of methods of receiving payments. It is important to make sure that every avenue of financial transactions is cleared.
- Request for Information (RFI): This is a process for businesses to collect specific information about their current or prospective suppliers.
- Submittals- Subcontracts: These are contracts specifically to employ another business or someone else to do work for you.
- Material Ordering: This is a list to help you keep track of inventory and pricing of materials needed on a daily/monthly/yearly basis.
- Sub Back Charges: It is important to budget your finances properly to avoid fees and profit loss.
- Independent Inspections & Testing: Major construction projects are completed during the Spring and Summer seasons. This is to ensure that independent inspections & testing (if a tenant or individual calls upon an investigation) can be met properly all year round.
- Punch List: Here is a document that is prepared at the end of a construction project. The contract is to state what the contractor must finish before the final payment is released.