 Dendara's project management is an important orchestration of efforts on the part of owners and managers, architects, contractors, and regulatory agencies. It requires careful planning to ensure needs and requirements are met, schedules are kept, quality standards are adhered to, costly mistakes are avoided and projects are completed within budget.
During the design and development process, Dendara also begins to involve representatives of various governmental jurisdictions impacting the project. Dendara has found the approval process moves much more smoothly when governmental representatives and the people they serve have had input in the planning effort. This philosophy of early jurisdictional involvement accelerates and eases both the permitting and inspection processes related to constructed improvements.
Risk Management
Dendara initiates a detailed budget exercise at the beginning of the development process to effectively reduce risk. This budgeting process ensures reasonable contingencies are available to offset market changes and/or potential construction delays. Fixed-price and guaranteed maximum price contracts are bid and/or negotiated on major construction or development components to minimize cost overrun potential. It is Dendara's practice to fully bond the majority of development projects.
 Consultants & Contractor Selection
The process of identifying and selecting consultants and contractors for development projects is one of the most important tasks in property development. To ensure quality design and construction at a competitive price, Dendara has developed a proven methodology for the selection process in which the qualifications of potential firms can be objectively evaluated.
The selection process begins with development of a list of prospective consultants or contractors deemed qualified to design and construct a project of this scope and complexity. These prospects are generated from Dendara's direct experience, outside references and unsolicited inquiries generated from project publicity. An initial “long” list of candidates is prepared. Based upon a preliminary review, this list is then narrowed. Contact is made with the remaining prospects through a letter requesting specific information about the firm. Interviews are then scheduled and conducted at the office of each prospect.
Based on thorough review of this information, as well as firm references and interview responses, the list is narrowed to a “short” list. Based upon this comprehensive evaluation process, qualified design consultants and contractors will be identified and selected for participation in the project. |
