Defining projects that meet your expectations of cost, time and quality

Starting a new project is a great challenge and represents questions that need to be defined during its planning stage to ensure successful execution and achieve the objectives set for the project.

Knowing the structure and parameters of the project before it starts is key to knowing the risks and projected profits to have a successful project and to be sure that it is a realistic investment and that it makes sense for the promoter. At Mar Azul we have experience advising our clients to define the key parameters of the project, managing to establish the limitations and variables that affect their profitability and results. The initial structure of the project usually considers the following items:

→ Land;
→ Construction cost;
→ Design development;
→ Interests;
→ Project management;
→ Advertising and Marketing; and
→ Sales.

Once these parameters are defined, we project the cash flow of the project over time to understand the business case and its profits. This exercise can provide the basis for starting conversations with banks to request an interim construction loan, attract investors and, ultimately, to make strategic decisions regarding the project, prior to a major investment commitment.

The planning and pre-construction phase of a project is crucial in setting the path to ensure its success. It is during this phase that we have more flexibility for changes and modifications before the start of the execution phase when the parameters become increasingly rigid.

Once the parameters have been defined and the design development process has advanced, value engineering exercises and budget validation are carried out to guarantee that the project can be achieved under the defined cost, time and quality parameters, following a real and adjusted design. to your needs. By conducting these reviews through iterative processes, where the project budget is reviewed as design development progresses, we ensure that the final design is within the budget designated for the project.

Each project is unique and our objective is to accompany our clients to define and chart a route to success in order to achieve all the goals they set.