The main goal of investment construction management is to form the flow of necessary investments for the implementation of the project and fulfillment of obligations to creditors at the expense of profits from the project being implemented.
For this purpose, research is conducted, a business plan is prepared, the project is provided with finances, and investment decisions are made. Competent management of investment construction optimizes the movement of financial flows and effectively solves the problems of the participants in the project being implemented.
What management principles contribute to this?
Concept development. Consists of a technical and cost audit of the investment project, analysis of the location of the facility, clarification of the customer’s goals, investment analysis of development options.
Design management. This is holding tenders to select designers, concluding a contract for design work, monitoring the implementation of the design work schedule, obtaining permits, conducting the necessary examinations, assessing the feasibility of the designer’s decisions, submitting design documentation for state examination, obtaining construction permits.
Technical support. Includes a feasibility study, obtaining data for design, technical conditions for connecting utility networks.
Business planning. Consists of analysis and forecast, development of a business plan for an investment project, various market studies and risk assessment.
Marketing support. Also includes market and competitor research. This is followed by the development of a marketing concept, preparation of a marketing plan, PR campaigns, determination of promotion and sales channels.
Construction management. This is preparation of the construction site, preliminary development of the plan, study and application of new technologies in construction.
Budget management. Includes examination of contractors’ proposals, improvement of the construction financing scheme, budget management, current financial reporting.
Creation of communication. An organizational structure for project management is developed.
Organization of construction control. Consists of technical and construction control, instrumental and visual inspection of building structures.
Organization of sales. Pricing policy is determined, sales or leasing of commercial and residential real estate are organized at different stages of the project.