Project Management
The key elements in project management for success and profit include:
- Site selection – identifying a location which has strong
international demand and limited supply, the unchanging characteristics
of capital growth.
-
Project type selection – there are many options for residential
projects and various ways to set up ownership. A broad understanding
of these options and their implications etc are essential.
-
Design and planning – selecting the right architect is critical.
He/she must be creative, efficient, and cost effective in professional
function and have strong connections in local government to ensure
smooth passage of planning and compliance issues.
-
Construction – you must have a construction company which has
proven experience in the project type and size you want. It must
also have proven
it can work effectively to fixed price contracts and deliver on time
and on cost consistently.
-
Interior design and fit out – this is a separate selection
and evaluation process from the construction contractor but must
be able
to work effectively with the construction contractor.
-
Marketing – There are proven people and methods for effective
marketing of Phuket property and we make sure your project connects
to them all.
-
Legal services – there are two aspects to this, one for the
developer in regard to sales contracts and due diligence, the second
in regard
to controlling the legal services available to purchasers to make
sure those lawyers/solicitors have already had access to due diligence
materials
before recommending purchasers to use their services.
-
Property management – this is essential for most projects where
there is an element of on-going maintenance or corporate body activity
for the project after the developer has completed it and sold it
all. It must be established at the start of the project to support
marketing
and sales activities and is an essential part of sales contracts.
|