Shaz is currently involved in a project to build forty houses and in this episode, he looks at the vital role of a good project manager.
They are the people who control, manage and execute the project bringing together individuals to create a team that can deliver the project within budget and timescale so a good project manager is extremely important and worth their weight in gold on any project.
KEY TAKEAWAYS
Project managers are extremely important for property deals
Some people just look at the cost but this is short-sighted and incorrect
They help set the budget, monitor costs, control, execute and close deals
If you find a good one they are worth their weight in gold - saving you time and money
A good project manager can look after more than one deal for you at any one time
Communication is key - they are the centre of all communication and make sure everyone is working together
A good project manager will make sure everyone is recognised, valued and contributes as part of a team to make sure the project is delivered
They manage and mitigate all risks throughout the project
A project manager keeps everything within cost and identifies any potential savings
A good project manager makes sure everyone is focused and working towards the same goals and outcomes
BEST MOMENTS
‘In my experience Property Managers are something you can’t do without’
Risks cost money and a project manager will effectively manage all risks
When there are a lot of people on site all doing different things, they need to be all kept focused and working towards the works program’
VALUABLE RESOURCES
shaz@aaa-accountants.co.uk
ABOUT THE HOST
Shaz Nawaz is a serial entrepreneur; he owns five thriving businesses in diverse sectors.
Shaz is committed to helping business owners build successful businesses. Having conducted over 3,000 business growth consultation he has helped his clients generate millions in additional profits. His purpose is to inspire business owners to build businesses that are hugely profitable and sustainable.
He is a huge advocate of having multiple streams of income. He has written a number of business books and regularly contributes articles to mainstream media outlets.
You can find Shaz on:
Facebook
YouTube.
