How can you create a timeline that works for everyone in Real Estate Development?

You'll never be able to please everyone, so be sure to identify the most important stakeholders when creating your timeline. Understanding who to negotiate with and where compromises can be made is key to success.

Defining a project's scope is often overlooked, presumed self-evident. However, my experience reveals that intricacies, especially in architect-client communication, necessitate attention. Taking time to comprehend expectations, constraints, and limits is crucial. Documentation, even in simple terms, is essential. Writing down your understanding of project details and validating it with stakeholders uncovers potential misunderstandings, saving significant time, costs, and energy in the long run. It's equally important to emphasize ongoing monitoring and refinement for the project scope.

I would partially agree here as for construction projects, mostly following the predictive life cycle. We can define the scope very precisely at the outset. But for agile projects we prefer customer collaboration over contract negotiations and hard and fast boundaries of scope.

Esteja em conformidade, obedeça a parte metodológica e não seja simplório no seu projeto. Em incorporações imobiliárias, se você fizer tudo certo, haverá grandes chances de incorrer em problemas. Conquanto, se você desconsiderar os pilares fundamentais da boas prática gerencial, com certeza haverá problemas nos principais marcos do empreendimento imobiliário. Assim, em Lean 6 Sigma, aprendemos que a qualidade da execução, diminui a incidência de erros que contribuem para o retrabalho (aumentando o prazo de execução). Ainda, softwares que dotados de sistemas de CLASH DETECTION(Building Information Modeling, p. ex), podem ser ferramentas poderosíssimas para diminuir a ocorrência incompatibilidade do projetado x realizado no canteiro de obras.

Developing a project's Work Breakdown Structure (WBS) isn't one-size-fits-all, particularly in Iran, where projects often start with basic plans. The lack of detailed designs for various aspects poses a challenge. To address this, we strategically break the project into broad phases. For the next three months, imminent phases get detailed attention, identifying specific tasks. Simultaneously, we collaboratively brainstorm for future phases, identifying if accelerated actions are required. This ensures a high-level plan with milestones, blending with meticulous details for the upcoming three months.

As we gather details on project phases, our WBS becomes more detailed. Before starting, a clear objective is crucial. A high-level WBS suits management, while daily oversight needs detailed task breakdowns. Following a practical principle, I avoid breaking tasks under a day or over two weeks to simplify control. Choosing WBS detail requires professional judgment, considering available information and plan objectives. Striking a balance is key for effective project management.

Decomposing the scope statement into a more comprehensive work breakdown structure consisting of work packages gives us a better and detailed control over the scope. This is actually very helpful while monitoring and control where we have to keep an eye on the project's health via its key performance indicators.

Companies managing multiple projects should prioritize a comprehensive assessment of their entire portfolio during planning to prevent resource overallocation. Relying solely on initial duration calculations for one project without considering the broader portfolio may yield misleading results. This strategic approach ensures more realistic and effective project planning. Theoretical duration calculation involves efficiency rates, critical resource numbers, and job volume. Although adding critical resources theoretically reduces duration, practical scenarios may differ. Some tasks don't conform to the notion that more resources lead to shorter durations. Caution is vital to avoid unnecessary resource allocation in plans.

For estimation of costs and durations we may employ different methods ranging from the analogous or parametric estimations from the repositories to a more complex bottom up estimate. The more effort the effort is applied, the more accurate the results will get and the less chances for risks to be realized.

Invest in Primavera P6 & a knowledgable Planning Engineer and your problems will be solved. P6 will do it all for you. Costing, resource allocation and levelling, and the ability to create and maintain tasks with logic and durations.

When working on a timeline it is critical that the team leading the effort listens to the input of the team in the frontline. Far too many timelines are set in excels from the top down. There is a lot to be learned not only from big data and meta analysis, but also from the input of those who actually have to deal with the real world in the specific scenario you´ll be building in.

Creating a timeline in real estate development that accommodates everyone involves clear communication, setting realistic milestones, and being flexible. Start by engaging all stakeholders early, gather input, and establish achievable project milestones. Regularly communicate progress and potential adjustments, considering input from team members, investors, and other involved parties. Flexibility and adaptability are key to navigating unforeseen challenges and maintaining a timeline that suits everyone involved.