Turn Key Management Services
Pinnacle Consulting, Inc will handle all of the planning, oversight, and control of your project from initial meeting to completion. You’ll be able to track progress, receive regular progress updates, and render important decisions from an informed perspective. The functions of construction project management typically include the following:
Project Tracking & Reporting
Pinnacle Consulting, Inc will set specific policies and procedures allowing for continued project tracking, documentation and reporting. Such procedure include some or all of the following: • Project Meetings • Diaries: Every member of the project team will keep an ongoing daily diary containing details of the day’s undertakings. This informal documentation is in the person’s own words highlighting work activity, conversations held, concerns, observations and other relevant information. Diaries are important when it comes to progress reports and conflict resolution. • Logs: All activities on the project site are tracked using logs. These forms are brief itemizes listings of occurrences such as phone usage, transmissions, deliveries, equipment usage, and Requests for Information (RFI). • Daily Field Reports: Each day on the project site will be documented using a Daily Field Report. This is a more formal means of reporting all of the day’s activities, weather conditions, temperatures, deliveries of materials or equipment, visitors to the site, and all equipment used. Other means of documenting project progress and happenings include: • Labor Records • Visual Records • Web Cameras
Depending on the scope of the project, we will set meetings at regular intervals, ie., daily, weekly, monthly, quarterly to discuss progress on the construction site as well as any concerns or issues. Effective communication for the duration of the project is the keystone to successful project management. All discussions and decisions will be documented.
Communication & Terminology
At Pinnacle Consulting, Inc., we recognize that the construction and real estate industry carries its own array of terminology, acronyms and verbiage. We understand that most people who are not in the business may not be aware of these meanings and therefore, run the risk of missing important bits of information in discussion and correspondence. We will work hard to avoid the use of acronyms and “industry speak” in our correspondence with our clients. We will also provide you with a listing of common expressions and definitions for your benefit. Also, we are always available to speak with you and to clarify any questions you may have as the project progresses. Listed below are just a few industry definitions to get you started: • Construction Management (CM) refers to the overall management of the project site.
• Real Estate Management (REM) is professional property advice, ordinarily refered to as an ongoing process rather than a single transaction.
• Corporate Real Estate Management (CREM) is a company-focused REM program.
• Program Management (ProgM) refers to the management of a company’s portfolio of business.
• Project Control (PC) is the tracking and reporting of the progress, time, cost, and quality of a project.
• Project Leader (PL) is the person responsible for achieving the project’s objectives.
• Project Director (PD): The leader of a big project that can be broken down into sub-projects.
• Owner Representative (OR) is the representative of the owner; may be internal or external to the company.
• Document Control (DC) refers to the oversight and management of necessary reporting and documentation practices.
• Guaranteed Maximum Price (GMP): A contract-specified upper limit to the project’s final price.