Development Management
Kingstons Project Management will provide you with the best resource and experience to bring your idea/dream to light and create the plan that will give you a development solution that optimises the potential of your property investment. This means we never lose sight of what’s important, to reduce any risks and offer ‘end-to-end’ property development services through each stage of the development cycle to ensure the project is ready for delivery and with a framework for future project control. These services include:
- Masterplanning
- Project Brief Development
- Project Feasibility
- Project Definition
- Due Diligence
Masterplanning
We work with a wide range of design consultants to facilitate and manage the Masterplanning process on behalf of our clients, creating the framework in which development parcels/land, massing, heights, relationships of buildings, circulation, and streets are defined in enough detail to define predictable outcomes. Through this process we will ensure sufficient flexibility to allow for various responses of actual developers and designers of which there may be several within one masterplan area.
Project Brief Development
A project brief is probably the most critical document to be compiled in the pre-planning stages of any project. It should communicate the project approach and the process the team will use to manage the project according to scope. It acts as a road map of the journey you will undertake to achieve your milestones in relation to:
- Company profile/ description of the client
- Project description
- Technical requirements
- Project Budget
- Project Timeline and Deadlines
and even resources needed to deliver the project. Although a project plan is arguably the most important document created on your project, any good plan starts with a project brief.
Project Feasibility
Feasibility studies shows if a project is viable and whether the investment will provide a solid return for the investor/developer. It’s the equivalent of writing a business plan and what we at KPM will do is to manage and co-ordinate the whole process whilst providing valuable information and guidance.
We will determine what the client wants to achieve, the key outcomes and their vision. We identify the options and measure how this is to be delivered against the objectives. Sometimes it’s a case of financial viability or cost benefit or it’s dealing with practicalities such as optimising design efficiencies on a site. We work through all the options and variables and provide outcomes and recommendations, and when the desired option doesn’t work, we will offer alternatives.
Project Definition
During this stage, projects are defined in specific, actionable terms that is designed to make execution possible. Definition is essential to secure stakeholder buy-in and acceptance, to negotiate priorities and to ensure that proper expectations have been set regarding the work that lies ahead and the outcomes to be produced.
While it can take several variables to fully define a project, at a minimum, at KPM we incorporate the following elements:
- Project Vision: Every project should have a specific set of goals and associated benefits. What are you trying to accomplish, and why?
- Project Scope: Project scope is defined as the body of work (overall tasks, activities and decisions) that must be completed in order to ensure that project goals and deliverables are met. Scope should be clearly defined and limited to the work that must be done to meet the goals at hand.
- Planned Deliverables: Project deliverables are defined by the tangible result or outcome of a given project.
- Negotiated Success Criteria: Project success criteria are needed to establish consensus amongst project participants. When defining success criteria, you need to consider all project elements i.e. results, budget/cost and timelines.
- Phases, Tasks and Activities: While your initial project definitions will establish what you are trying to accomplish and why you are doing it, phases, tasks and activities will define what you need to do to get the job done.
A good project definition will act as an agreement on the project and is a good defence against "scope creep" - the gradual (or not-so-gradual) expansion of the project as it unfolds.
Due Diligence
At KPM we undertake pre-planning and pre-construction due diligence prior to acquisition of land and/or other investments in property assets to assess potential risks to owners/investors to protect your interests. Through this process we will identify and analyse these risks and provide recommendations on how to avoid, eliminate and/or mitigate them through proper planning.
KPM have highly qualified and experienced staff with successful track records in residential, commercial, education, healthcare, hospitality and industrial sectors that will provide you with all the necessary advice on project requirements. Together with these skills and the access we have to our Quantity Surveying business and database, we can give our clients peace of mind that they are being well looked after.
