Mastering Real Estate Development: Your EPMO Blueprint

Mastering Real Estate Development: Your EPMO Blueprint Mastering Real Estate Development: Your EPMO Blueprint Are your real estate development ambitions crumbling under the weight of chronic delays and budget overruns? Every missed deadline and overrun erodes profit margins and turns strategic goals into dust. Are you ready to take control and stop the risk of failure? — Is This Your Reality? 💔 Is this the legacy you want to leave as a business leader – a trail of stalled projects […]

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Change Orders: Where It Can Be a Gateway to Construction Fraud and Misconduct

Agenda Contents Introduction. 2 Understanding the scope of works. 2 The Fraud Scenarios in Change Orders. 3 Conclusion. 5   Introduction Fraud and misconduct in construction have become a pervasive problem globally, with up to $5 trillion expected to be lost to corruption by 2030. One of the areas where these illicit activities often occur is during the change order process, where individuals on the client side collude with contractors to engage in fraudulent practices. The aim of this article […]

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Why We Fail to Deliver Projects on Time and Budget?

In 2013, global investment in energy, infrastructure, mining, and real-estate-related projects was estimated about $6 trillion. By 2030, that could be $13 trillion, according to McKinsey research published on 2017. The same research estimates that 98 percent of megaprojects suffer cost overruns of more than 30 percent; 77 percent are at least 40 percent late. Considering any megaproject budgeted billions of USD, the cost of the overrun is $300 million per one billion. In a sample business case, any effort […]

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Successful Business Planning Using Client’s Business Model

Successful business delivery is always based on client satisfaction. Understanding your clients’ needs means loyal customers and sustainable growth. Sustainable growth is a challenge on containing market changes. Market analysis history shows patterns of market expansion and recession. According to the National Bureau of Economic Research (NBER) in the United States, there have been 11 business cycles from 1945 to 2009, with the average length of a cycle lasting about 69 months, or a little less than six years. The […]

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