To move ahead in a career in real estate development, savvy professionals must pay close attention to developing highly effective project management skills. The honing and execution of these skills can be detrimental to the overall trajectory of any career path. Here are a few central practices that are easy to implement and can help you find success in any aspect of project management:
As the holy grail of effective project management, a checklist system can keep even the most naturally disorganized person in check. Effective note taking practices combined with a checklist system are crucial elements to any project management tracking discipline. Developing and curating these talents now can make it a long-term innate habit.
Keep the focus on the objective
In the fluid and complicated world of real estate project management, it is easy to become distracted and unknowingly deviate from the primary objective. It is imperative to always keep the stated objective as your guidepost to ensure that it does not end up competing with other subplots in your project’s story.
Do not neglect the follow-up
All of the best intentions in the world can fall by the wayside if the project manager is not committed to persistent and intentional follow-up. Do not be afraid to use different communication mediums in your follow-up process. And, most importantly, do not be anxious about giving the client too much attention. Be vigilant and persistent with your follow-up and good results will come naturally.
Pay close attention to timing and cost
The two most critical data points of any project are the timing and the cost. Keep these factors front and center as you progress through your project in an effort to save yourself from disaster later down the road. Without clear expectations and concrete deadlines for both of these factors, your project will not run smoothly.
It’s how you finish
Do not let up just because the finish line is finally in sight. Clients will remember a project manager who had the persistence and intentional diligence to close out the project with the same enthusiasm and attention to detail that was demonstrated when the project initially kicked off. These are the clients who will return for repeat business.