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Updated over 7 years ago on . Most recent reply
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What do you expect out of your Project Manager?
I live in Chicago and have a project manager running all my rehabs in the Quad City market, and we buy about 8-10 properties per month in that market.
If you have used a project manager in your business, what are your general expectations? How do you compensate them? What are their major responsibilities? Please be specific.
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Originally posted by @Christopher Salazar:
If you have used a project manager in your business, what are your general expectations? How do you compensate them? What are their major responsibilities? Please be specific.
- Establish the Scope of Work w/ the owner
- Send out Requests for bids/proposals to GCs & subs
- Review/Decide w/ owner on which GS/subs to use
- Establish the schedule; put contract in place w/ GC and/or subs
- Weekly update of schedule & status (w/ pics)
- Schedule inspections & draws
Compensation depends on the size of the project.