The
FORE SIGHT
Partners
PROJECT MANAGEMENT
The
The
FORE SIGHT
Partners
FORE SIGHT
Partners
Owner Support
Professional Services
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The
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FORE SIGHT
Owner Support Professional Services
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Partners
Development
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All Risk Placed Upon 3rd Party
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Build – To – Suite
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Sale / Lease Back
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Financing provided
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Greatest Risk = Greatest Reward
Program Management
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Simply Stated: Manage a Program of Projects
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Involved Start to Finish – Broad Services
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Anchor in A “Project Management Plan”
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Not to be Confused with “Programming” or
Defining Needs/Spaces
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Owner Support Professional Services
Partners
FORE SIGHT
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Project Management
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Most Applied (used) Services
Also Called “Owner Representation”
Architect Usually is already On Board
Owner Faced With Many Issues /
Decisions
(Time / Knowledge Factors)
Construction Management
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Can involve one or many contracting
entities
Two Types:
At Risk (General Contractor)
Agency (Owner’s Agent at Jobsite)
Narrower Set of Services
Is also known as a “Negotiated” Approach
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Project Delivery Systems
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Project Delivery Options
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Partners
Design / Bid / Build
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Traditional Approach most used by Public
Agencies
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Architect designs; Contractors bid;
Contractor builds
Construction Management at Risk
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The CM is selected on qualifications, but is
still a General Contractor
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Owner participates in sub-contractor bid
openings and qualifications
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Project Delivery Options
Partners
FORE SIGHT
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Negotiated Contract
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Select contractor on qualifications, fee
amount (profit), and jobsite costs
(General Conditions)
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GMP (Guaranteed Maximum Price)
based on cost
Design / Build
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Design-Builder is single agent/vendor
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Architect is sub-contractor to builder
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Design/Bid/Build Approach
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Approach
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A/E is selected by qualifications or
qualifications/price
A/E prepares design to 100% construction
documents
Open bidding to general contractors
Award of contract to lowest responsible
bidder
Construction start after award of contract
Variations
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Through PM/OR client can bid out
“packages” or phases of the work to multiple
general contractors
Drawings can be bid at less than 100%
completion to get project priced and sitework started
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Design/Bid/Build Approach
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ADVANTAGES
DISADVANTAGES
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Very limited control over
subcontractors & suppliers
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Limited or no contractor
price/schedule input during
design
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Prone to change orders
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Owner has responsibility
for most external risk
issues
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Construction difficult to
start before completion of
100% design
Draws upon core skill
sets of all parties
involved
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Works well with
repetitive similar
projects
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Works well in public
work
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“Best price” potential
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Owner has control over
risk issues
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Construction Management at Risk
Partners
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Approach
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Construction Manager (“CM-at-Risk”)
selected based upon Qualifications and
Fee
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A/E prepares design in multiple
“packages” of 100% CD’s for “Fast
Tracking” of construction
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Owner, with the advice of the CM,
conducts pre-qualified bidding to prime
contractors or sub-contractors
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CM manages site general conditions and
coordination
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Contracts may be held by the Owner, with
CM receiving a fee for work
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Construction Management at Risk
Partners
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Partners
ADVANTAGES
DISADVANTAGES
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Teamwork enhanced
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A/E costs may be higher
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Fast tracking allows fully
developed design with a
short schedule
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Coordination between trades
and packages are more
complicated
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Transparency of cost thru
open bidding
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Potential loss of General
Contractor “buying power”
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Owner control over entire
process
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Cost not final until all bids
received
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Construction input during
design
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Maximum flexibility to
adjust project costs
Some responsibility over
work scheduling &
subcontractors rests with
owner
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Negotiated Contract
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Approach
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A/E selected by qualifications or qualifications/price
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General Contractor selected on qualifications, fee and
job general conditions
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Contractor pricing evolves into a Cost of the Work with a
Guaranteed Maximum Price (GMP) Contract
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Construction can start prior to design completion with
early packages
Variations
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General contractor may be selected based upon
performing an early project pricing (50% Design
Development) as well as above criteria
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GMP can be followed with CM (“At Risk”) open bidding to
subcontractors
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Final price can “float” up to GMP…
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Or “shared savings” up to GMP with owner…Or
a firm
fixed price can be negotiated
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Negotiated Contract
Partners
FORE SIGHT
Partners
ADVANTAGES
DISADVANTAGES
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Relationship of Owner and
GC after GMP can conflict
Construction Input during
design
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GC responsible for obtaining
sub-contractor pricing
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Cost “guarantee” prior to
design completion
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Lots of GC “substitutions”
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Construction can start
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Difficult to do in a pubic
arena
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Changes after GMP are
essentially change orders
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Teamwork enhanced
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before design is complete
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Design-Build
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Approach
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One Design/Build contract with owner
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Planning/programming prepared by owner or consultant
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Owner issues RFP with scope and performance
specifications
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Design/Builder selected by qualifications and price, and
schedule
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Design/Builder completes the design and builds the project
Variations
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Design may be advanced to approximately design
development for bidding to Design/Builders (“Bridging”)
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Design/Builder may include financing and complete up front
services (“Turnkey”) but limits available firms
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Design/Build package may be complete “build-to-suit” with
a lease-back or lease-to-own
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May include full operations including staffing (“Design-
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Design-Build
Partners
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Partners
ADVANTAGES
DISADVANTAGES
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Single point of contact
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Works well with specific,
uncomplicated projects
Designer is contracted to
builder
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Can move a project
forward very quickly
Quality can be difficult to
verify prior to completion
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Owner gives away control for
single point of accountability
Early cost guarantee
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Can obtain best price for
performance
Changes after pricing must
be treated as change orders
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Difficult to handle
complicated projects
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Quality tends toward
minimum to meet
requirements
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Fair price competition difficult
to verify
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Changes tend to be easy
but costly
Construction can start
after very preliminary
design
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Which Approach is Right for You?
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Is any approach superior - No!
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Some Owners use one approach
exclusively
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All approaches can be completed
successfully
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The drawbacks of each of the
approaches must be analyzed
against the projects goals.
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There is a ‘best choice’ for the
particular needs of your project.
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Why Hire A Project
Manager?
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The
The
FORE SIGHT
Why Hire a Project Manager?
Partners
FORE SIGHT
Partners
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A PM brings focus, order and organization to a project
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Our initial budgeting and scheduling gives parameters
and direction
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A PM gives momentum through Leadership, Discipline
and Daily Management
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Allows the Client to manage their core work, allowing
staff to be successful with their jobs, not “on the job”
learning of building a project.
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We become your staff extension…accountable to you.
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A PM knows what questions to ask, and the foresee
the risks ahead....and alert the Owner to issues.
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A PM assists in project accounting and billing approval.
We are an accountable entity of your finances.
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Why Hire a Project Manager?
Partners
FORE SIGHT
Partners
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A PM leads and manages the team of Architect,
Contractor, and Owner. You, as the Owner, are
represented strongly, and equally at the team table.
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A PM fosters communication and provides clear,
consistent direction as the Owner’s Advocate to
move the project forward.
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A PM manages and coordinates all of the other
project components that are outside of basic
building construction:
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Security
Voice/Data
Graphics & Signage
Utilities
Roads and Access ways
Landscape & Hardscape
Exterior Lighting
Fixed Equipment, Casegoods or
Speciality Equipment
•Move-In/Move-Out
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Vending/Kitchen Equipment
• Environmental Testing
• Geo-technical survey
• Materials Testing
• FF & E
• Project Insurance and
Bonding
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Why Hire a Project Manager?
Partners
FORE SIGHT
Partners
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We can provide you with state of the art PM
tools to keep your project on budget and on
schedule, or to implement a system to match
the needs of your accounting system.
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Having experience with the various delivery
systems available, we will assist you in
selecting the approach that is best suited for
your budget and schedule.
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We assist you in the selection of other
speciality consultants and monitor their work.
We develop RFQ’s to solicit general
contractor interest and provide the selection
criteria and framework to select the most
capable contractor.
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The
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Why an Owner Needs Professional Services
Partners
FORE SIGHT
Partners
• Distinct requirement for professional advice &
professional services
• Lack of knowledge and familiarity with current
delivery systems
• Lack of knowledge with current contracts
• Full time staff is expensive & difficult to retain
• Sophisticated expertise may not be available on
staff
• Many public & private owners face similar
problems
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The
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Our Project Management Process
Partners
Responsive & Adaptive
1. PROJECT MANAGEMENT PLAN
Owner's Objectives
Delivery Strategy
Resources
Risk Assessment
2. PROJECT ORGANIZATION
Project Team
Roles & Responsibilities
Diversity and Opportunity
Communication
3. PROJECT SCOPE
Market Feasibility Analysis
Project Program
4. TIME MANAGEMENT
Master Schedule
Phases
Milestones
FORE SIGHT
FORE SIGHT
Partners
5. BUDGET
Development Budgets
Uniformat Estimates
Construction Cost Estimating
6. PROCUREMENT
Professional Services
Minority Goals
Building Contracting
Bond Financing
Payment Systems
7. REPORTING
Weekly
Monthly
Project Closeout
8. QUALITY CONTROL
Do it right the first time
Jobsite safety
Clean Jobsite
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The
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Our Project Management Process
Responsive & Adaptive
FORE SIGHT
Partners
FORE SIGHT
Partners
Overall Goals:
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Exceed owner requirements
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Lead the team - Initiate..don’t react
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Pre-planning and unit mockups
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A “claims prevention” attitude
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Develop a “win-win” team atmosphere
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Take a proactive approach to head off
problems
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The
The
FORE SIGHT
Our Project Management Process
Partners
Responsive & Adaptive
FORE SIGHT
Partners
Communication:
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Weekly progress meetings
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Daily contact with the Owner / Architect /
Contractor
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Kick off meetings with sub-contractors
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Frequent coordination meetings with vendors
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Listen / Speak / Review
Project Documentation:
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Review all cost and schedule issues weekly
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Daily jobsite reports to the client
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24-hour turnaround on minutes and
correspondence
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Written documentation of all pertinent matters
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Organized filing of all project documentation
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Electronic drawing, RFI, and 24
submittal logs
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“Maintain” electronic drawings
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Why Chose Us?
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Partners
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We are Professional Program Managers, not architects, general
contractors, or developers
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100% of our current workload is Program Management
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Offices in California, Nevada, Texas, Illinois, New York &
Florida
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We understand and have experience in risk taking
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State-of the-art Scheduling services
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In-depth Value Engineering experience
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Seasoned professional staff committed to your project
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Personal service our hallmark
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Desire – We want your business!
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The
FORE SIGHT
Partners
PROJECT MANAGEMENT