He stressed that poor planning causes the inability to implement according to the specified stages
International Project Management: A proactive approach to scheduling makes a project successful
Possession of project management skills determines the level of success of any project.
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Roberto Toledo: "Professional project management is one of the effective methodologies in the real estate sector."
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A member of the Board of Directors at the International Project Management Institute, Roberto Toledo, stated that sometimes poor planning by some companies when starting any new project, could lead to future problems for companies and the project, as this causes the inability to control the implementation of the project according to its specific stages. .
Toledo told «Emirates Today», that it is important for real estate companies to take a proactive approach to scheduling in order for the project to succeed in the end, because the real estate project includes a large number of pieces that must be put in place in the correct sequence and at the right time.
management skills
A member of the board of directors at the Project Management Institute, an international organization concerned with advance planning research, stressed that even if some companies manage to control delivery dates, this does not necessarily mean that they have experience in structuring real estate business, which includes dealing with finance, marketing and market research analysis. Monitoring of competing firms and macroeconomic analysis.
He added, "For a successful project, it is important to have project management skills to achieve the company's strategic goals."
He pointed out that "possession of these skills can determine the level of success of any project in general, the better the planning, the higher the success rate."
identifying opportunities
“Through the capabilities to identify opportunities and provide what the market wants, entrepreneurs in the real estate sector need to develop the capabilities of assessing acute risks, and making accurate calculations about these future risks that could affect the project,” Toledo explained.
Wayne said that among other factors of planning skills, dealing with legal obligations and human resources by identifying legal or financial obligations associated with legal obligations, as well as monitoring human obligations such as wages and salaries, pointing out that there are also objectives related to monitoring quality standards, deadlines and costs.
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"Professional project management is one of the effective methodologies in the real estate sector, as we have recently noticed delays in logistics services in the sector all over the world," Toledo said.
Challenges
A member of the Board of Directors at the International Project Management Institute, Roberto Toledo, said that “there are many factors that may pose challenges to real estate development companies, the most important of which is the discrepancy in the prices of raw materials, including iron, for example, where there is a noticeable increase, noting that “despite the difficulty of Predicting prices, but this could lead to a rise in real estate prices in the short term.”
He added that there are several crises experienced by many sectors, including the real estate sector, the most prominent of which was "Covid-19", and its effects on the sector, in addition to the shipping crises that the world is going through from one period to another.
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