Property Done Properly

The Process to a Successful Project


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The main reasons for a project failure is a developer, investor or end user does not consider what they really want from their building or facility. Misunderstandings on investment return, the function of the facility, and poor initial planning result in an unsatisfactory end for the project. In this episode Ian will cover these and other reasons for project failure and what steps can be taken to mitigate or eliminate these circumstances. 

 

KEY TAKEAWAYS

  • The most important person in planning for a finished and well functioning facility is the Facilities Management Professional who is best placed to consider all operations of the completed project from the outset. They are the best person to also guide the end users and developers to plan in detail with a comprehensive overview of interconnected day to day functionality.
  • Ians system of three phases will prevent cost overruns and scope creep of the type that can seriously effect the financial viability of the project.
  • Phase one is the initial information gathering. This is data gather from around the industry to look at other completed similar projects and what their requirements were. The purpose of the facility must be decided to create a project vision. Then the detailed functioning must be considered to a complete plan including facility placement, room size and function, fitted equipment, staff facilities and all the considerations required for a finished facility. From this you can develop the project brief for the design team.
  • The operational costs as well as the construction costs need to be established to verify a viable project. Is the cost of running a business from the facility a profit making model? 
  • Develop the details. Pre construction we need to decide on  issues such as project governance, compliance, approval processes, risk assessment, measure and milestones, budget control and a communication plan.  

 

BEST MOMENTS

‘From studies I've read  over 80% of construction projects fail for a whole number of different reasons, but predominantly they are delays, cost overruns, quality issues and disputes.'

‘You may have buildings that are oversized because they haven't looked at the efficiency, things are missing and all those sorts of things. Or because they haven't sat down at the very beginning to look at what they really want.'

‘I've inherited a hospital where there were no store rooms, so you couldn't have immediate supplies. I've been involved in a building where it was designed by a leading architect of world renown but there were poor choices of light fittings, for instance, so we couldn't clean them easily.'

‘I was involved in another hospital project where an external body reviewed the architectural design of the building and they stated that this building had clearly been designed from the inside out. In other words, it was a functional building.'

 

VALUABLE RESOURCES

https://www.ianjrogers.com/

 

ABOUT THE HOST

Ian Rogers is an entrepreneur running businesses in the Real Estate, Construction and Facilities Management arena. Ian has over 40 years' industry experience, as he was effectively born into construction with his father having his own building company and Ian spending time working on sites from the age of 11!. As a result Ian has seen the industry from a trades person perspective, as a chartered quantity surveyor working on large commercial projects, as a project manager and then working on structured project finance through PFI/PPP deals. This has given Ian a unique whole life approach to any project by considering the end game at the beginning.

 

CONTACT METHOD

https://www.ianjrogers.com/

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Property Done ProperlyBy Ian Rogers