WHY YOU SHOULD HIRE A PROJECT MANAGER
It can result in savings on the final cost of a project. The project manager will request bids for work and negotiate pricing. Drawing on our industry knowledge, expertise and relationships with vendors and sub-contractors, can translate into direct cost savings.
If you are obtaining a bank loan, the loan documents require a project manager or an engineer. An engineer is more costly and is only concerned with the building phase(s) of the project(s).
Project Managers Duties:
- Hiring or assisting in the hiring of an engineer to produce the scope of the work that is required or desired. This scope of work is then utilized in the bidding process with contractors.
- One of the most important responsibilities of the project manager is to create a viable budget and control it throughout the lifecycle of the project.
- Gathering of proposals from contractors. Negotiating the bids on cost and organizing bids in an apple-to-apple comparison for the board to make an educated decision.
- Work closely with the client’s accounting firm to gather the necessary documents in order to proceed with various banks to obtain the most favorable terms and conditions of a bank loan. Once gathered and organized, they are presented to the client for their selection.
The A to Z of a Project
- Plan and Develop the Project Idea
- Create and Lead Your Team(s)
- Monitor Project Progress and Set Deadlines
- Solve Issues That Arise
- Manage the Funds
- Ensure Stakeholder Satisfaction
- Evaluate Project Performance
