The Open Concept with Brandon Smith

035 - The 8 Principles of Project Management


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Today’s episode is a solo deep dive with host Brandon Smith, breaking down the eight core principles that separate a smooth, successful renovation from a nightmare project. Whether you’re a homeowner planning your dream build or a contractor striving to elevate your systems, these project management fundamentals—rooted in PMI standards—will help you avoid blown budgets, missed deadlines, and endless frustrations.

 What You'll Learn:

  • How to set clear objectives that prevent scope creep and conflict

  • Why vague budgets backfire—and how to build realistic, contingency-ready ones

  • The scheduling practices that eliminate missed deadlines and angry clients

  • How to define roles so subcontractors stop stepping on each other’s toes

  • Ways to use milestones to track progress and boost trust

  • How to handle shifting priorities without derailing a project

  • Why accountability systems stop finger-pointing in its tracks

  • The power of retrospectives to improve every single project you do

 Key Topics Covered:  Project objectives & SMART goals  Budgeting with contingencies  Scheduling & estimating  Defining roles & responsibilities  Setting clear milestones  Managing shifting priorities  Accountability systems  Retrospectives & continuous improvement

 Featured Guest: Brandon Smith – Host | The Open Concept Podcast | New Vision Projects

 About The Open Concept: Your go-to podcast for construction industry insights, trade business strategies, and leadership advice that actually works.

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The Open Concept with Brandon SmithBy bsmithnewvision