andrea

senior project manager
we recognise, understand and drive our essential, added value approach to maximise the client’s position

andrea

senior project manager

The residential property market is challenging at best, no matter the size of the developer. Therefore in a comparable mindset to ourselves, developers need to provide an edge in regard to their offering, up and above the competition. Notwithstanding that, it needs to be coupled with a viable appraisal to ensure that whatever form of exit is chosen, it maximises profit. Achieving this stems from a mass of marginal gains, and certainly not only within the developers remit, but that across the project team also.

With a growth in demand, and prime locations diminishing, developments can only increase one way; skywards. This brings further challenge to the cost per square foot of construction, and the buildability of the scheme due to often being within highly constrained surroundings. All placing further pressure on the appraisal. Naturally, a balance needs to be struck to demonstrate viability, confidence to senior debt funders and ultimately, a return.

Those marginal gains therefore need to be established from the absolute outset, driven within a team possessing sufficient knowledge as to the likes of balancing mix, ratios, efficiencies and standardisation of floorplates. Aside from landing on a palatable build cost, the next challenge is to accelerate the return on investment. This requires a well-considered and structured approach to marketing and phasing in order to release units for sales; balanced between maintaining the fluidity of construction, yet with appropriate segregation and a positive level of resident experience.

The role of the project manager is therefore far more extensive than the simple realms of delivering a scheme to a number or otherwise within a set period of time. It requires much more industry intelligence.

our approach to residential project management

 

 

understanding your business
understanding marginal gains
accelerating return on investment
btr & bts scheme knowledge
modular construction experience
development management
understanding your business
This USP threads throughout our business, no matter the sector, but it is considered to be the most important aspect to address. A project can only be maximised in its success if those delivering it understand why it is being done, what the wider challenges are and the consequential effects the varying situations pose to the Client’s business. This assists in the decisions and direction taken. A true holistic approach.
understanding marginal gains
Novus understands the progressive and multi-faceted elements throughout a projects journey, to ensure that the Client’s return is both viable and amplified. We hold solid experience throughout the team as to mix, efficiencies, buildability and all wider design elements that assist in driving the cost per square foot south.
accelerating return on investment
Building to a number that is palatable to the appraisal is the first step. The next is to generate and channel a return as early in the process as possible. Cashflow is king. As such, through early staged phasing analysis and our construction planning expertise, we are able to understand and address the constraints and fast track a sequenced release of the built asset, while ensuring fluidity of the remaining works and the clear segregation of the public.
btr & bts scheme knowledge
No matter the exit strategy, novus possesses the proficiency in either the build to rent or build to sell sector and understands the nuances between the two. Working closely with the Client and associated funding and operating partners, we seek to interweave the requirements as early in the process as feasibly possible, or otherwise swiftly adapt and flex to any onward funding instigation, later in the process.
modular construction experience
Modular build elements, or else entire builds are becoming more commonplace in the residential sector. Novus recognises and understands the benefits and yet conversely appreciates the challenges associated with these methods. The team holds in excess of 10-years of direct modular experience across of scales of delivery and therefore has the ability to confidently input into the design process, ensuring a modular overlay does not diminish quality or standards.
development management
Having worked intrinsically with developer Clients over a number of years, novus have acquired a broad understanding and a strong complement of skills associated to the role and responsibilities of development management. Therefore, coupled with our differentiating methods, novus offer a project management plus approach, whereby we can support and relieve the pressures and burdens our Client’s experience day to day. Allowing you to focus on those important matters to hand.