Project and program management services play a crucial role in the real estate development industry by providing the necessary oversight and guidance to ensure that development projects are completed on time, within budget, and to the required quality standards. These services encompass a range of activities, including project planning, budgeting, scheduling, risk management, and communication management.
In the real estate development industry, project and program management services typically involve coordinating and managing the efforts of various stakeholders, such as architects, engineers, contractors, and other vendors, to ensure that the project is completed successfully. This includes developing detailed project plans that outline the scope of work, timelines, budget, and resource requirements. Project and program managers also oversee the procurement process, ensuring that vendors are selected based on their qualifications and experience, and that contracts are negotiated fairly and efficiently.
Effective project and program management also involves risk management, including identifying potential risks, developing risk mitigation strategies, and monitoring the project to ensure that risks are minimized or avoided. Communication management is also a crucial component, ensuring that all stakeholders are informed about the project’s progress and any issues that may arise.
Our project and program management services are an essential component of the real estate development lifecycle, helping to ensure that projects are completed successfully, on time, within budget, and to the required quality standards. By providing oversight and guidance, project and program managers can help to minimize risks, maximize efficiency, and ensure that stakeholders are informed and engaged throughout the project.
Our project experience spans a range of commercial, residential and healthcare typologies.
Founded in 2021, obra Real Estate Services, LLC is a firm providing specialized services across a range of commercial, residential and healthcare typologies, with capabilities and experience to deliver an innovative approach to building solutions.