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Project Management

Effective management is essential to realising the fundamental objectives and achieving successful delivery of any modern day development. Current legislation requires that management issues are properly considered and planned during the early stages to reduce the risk of problems eventuating later in the project.

Whether the client is an end user, institutional investor or speculative developer, it is therefore essential to clearly identify and establish the project objectives and priorities at the outset. By recognising the culture of each client organisation we also aim to adopt and implement their individual requirements in the agreed formal project procedures.

VFM offers Value Focused Management. An all encompassing project management service to lead and guide client teams through the often complex challenges posed by the development process. From the time of appointment at initial conception, we have the expertise to successfully manage each stage of production from feasibility studies, through planning approval, design, procurement, construction, fit out and eventual handover and completion.

By clearly establishing our clients' wishes and expectations, we aim to crystallize the project brief, forming unambiguous, realistic parameters appropriate to the available budget. Developing a solid understanding of expectations and requirements is a pre-requisite to successfully steering the project through the complex design and construction phases that follow.

VFM's expertise in this particular field includes :-

Preparation of the Brief

Selection, Appointment and Management of Consultants

Town and Country Planning

Preparation of Master Programme and Activity Programmes

Value Engineering

Method Statements and Constraints Reporting

Project Co-ordination and Procurement

Development Monitoring

Fittings and Equipment Co-ordination

Experience has shown that the initial decisions and strategy adopted are critical to any development. Balancing the fundamentals of time, cost and quality, our project managers translate the scheme requirements into a comprehensive brief, optimising procurement arrangements and project structure to meet client and project priorities.

Progress is analysed throughout, against the agreed budget and master programme, ensuring that clients are fully informed of the implications of their decisions. Any delays and contractor entitlement to time extensions are regularly assessed along with their potential financial effects.

We also recognise the need to obtain a balance within the project team. A principle extended to include the constructor, consultants, and of course, the building client and its representatives. Formulating and consolidating these team values and engendering a culture of co-operation is essential. A requirement we reinforce in setting measured, evaluation criteria, and in selection, appointment and management, of all members of the team.

The procurement strategy adopted will emphasise the importance of this balance. Particularly prevalent within sophisticated integrated arrangements or design build contracts where the culture of the constructor and other consultants will influence how the contract requirements are interpreted and implemented.

Useful Links:

Royal Institution of Chartered Surveyors Residential Block Management  Association for Project Management
Building Cost Information Service Association of Property Bankers The Joint Contracts Tribunal Ltd Chartered Institute of Building Building

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Tel: 020 8658 6824  Fax: 0871 990 2366
VFM Group
Chartered Quantity Surveyors
Development and Property Consultants
Project Managers

Web :   www.vfmgroup.com
E Mail : vfm@vfmgroup.com