Property Development Forum

Property Development Forum is a website where property development industry experts are contributing short, sharp and concise articles on various facets of the property development industry.

Subjects covered include:

• Accounting for development industry
• Software for the development industry
• Architecture
• Risk management
• Property investment
• Contamination and environmental controls
• Career development
• Planning and construction law
• Fire engineering
• Urban planning
• Sales and marketing
• Infrastructure
• Demolition
• Recruitment
• Telecommunications
• Aged care
• Importing goods from China

Visit Property Development Forum by clicking HERE.

LEFTA is proud to be the convenor of Property Development Forum.

Three things to know about building disputes and one tip that might just save you millions!

I have just written an article for Property Development Forum titled:

“Three things to know about building disputes and one tip that might just save you millions” which you can read by clicking on the following link.

http://www.propertydevelopmentforum.com/three-things-to-know-about-building-disputes-and-one-tip-that-might-just-save-you-millions/#.UdGMTzt1rsY

Steve Chandler

Property Development Forum is now LIVE!

Property Development Forum has now gone live. Property Development Forum is a collaboration of property development industry experts sharing their knowledge at no cost to readers.

We are proud to say that LEFTA are the convenor of Property Development Forum.

Please visit www.propertydevelopmentforum.com

Property Development Forum

Property Development Forum is a community of property development related experts sharing innovative ideas and knowledge to help create successful people and projects.

http://www.facebook.com/propertydevelopmentforum

Project Management Contracts

Continuing the series of blogs on various forms of building contracts, today's topic is "Project Management" contracts.

Project management can mean many different things to many people however it is most likely not to be a "construction contract" in its purest sense.

In effect a project management contract can be very similar to a construction management contract except the Project Manager ("PM") forms an additional layer in the project delivery process. The PM usually manages the entire project from inception to completion; engaging design consultants and contractors at various times as required.

Skills provided by the PM include detailed knowledge of the development process, design, authority approvals and construction. The PM will advise the client regarding the most appropriate form of construction contract to use for the type of project unless the intention is that the PM is to act as the construction manager also.

A client will engage a PM where they do not have the skills and/or time to dedicate to a project.

There are different ways to engage a PM. This could include a percentage fee for service, hourly rates or on a set fee basis.If the PM is also the construction manager then the PM's contract must be constructed to reflect the various scopes of work that the PM is required to do.

Selection of an appropriate PM is critical to the success of a project, particularly for projects with specialised requirements. 

For more information on Project Management Contracts, please visit the LEFTA Website.