More and more, companies are trying to organize and manage their projects with more detailed maps and plans, focusing on specific objectives and putting the interests of clients first.

In fact, companies currently develop complete projects focused on carrying out temporary activities in order to offer a particular product and / or service, designed to achieve specific objectives previously established for the benefit of the company.

This is where we can clearly see the importance of good management of real estate projects. Customers are demanding more and more specific things, so the offers have to be in line with their needs. And as the competition gets tougher, competitors must come up with better strategies if they’re looking to reach or stay on top.

What is a Project Manager?

Basically, he is in charge of carrying out the management of real estate projects that a construction company has, guaranteeing an optimal distribution and control of the budget, ensuring that each stage of the project is completed in the expected time, minimizing costs, while foreseeing and anticipating the possible inconveniences that may arise along the way.

What are the benefits of having a Project Manager?

The most mature and well-established construction companies tend to focus on improving processes, before results. And what about this? That one thing leads to another. By having specialized personnel such as a Project Manager (PM) in charge of watching over each step and stage of the project, they significantly increase the levels of productivity and success in the projects, compared to companies with little knowledge or who attach little importance to project management.

Companies that have a qualified Project Manager usually show improvements in the following areas:

→ Visibility of the project status;

→ Involvement of stakeholders;

→ Alignment of projects with the company’s strategy;

→ Alignment of the teams with the project objectives;

→ Deliveries according to the deadline;

→ Budget compliance;

→ Fulfillment of the objectives set in each project;

→ Risk reduction; and

→ Increase in productivity.

So what is the importance of good real estate project management?

Innovation is a highly valued feature among consumer demands. And the development of projects that offer specific solutions to specific needs in the face of customer needs is a growing trend that —more than interesting— is vital.

This way of organizing by projects has proven to be highly effective in the timely fulfillment of the proposed objectives, achieving good results in the positioning of companies and organizations.

This is why the administration of real estate projects is one of the administrative activities with the greatest weight and responsibility for construction companies or construction companies that recognize that the most optimal way to implement strategies is through specialized programs and projects. Hence, every day Project Managers are more essential.