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Capital Project Planning and Supervision

What is Capital Project Management (CPM)?

CPM deals with operational projects that require a high level of investment in order to improve capital assets. Since these projects typically have high costs compared to other investments, a structured approach is needed to control finances, planning, risks and the deployment of people.

This structured approach is defined in four phases that are part of the complete CPM process:

Scenario planning

This includes the management or steering group that analyzes different scenarios and outcomes to define the best way to approach a project. During this phase, a large number of possibilities may be considered and compared with each other. There are often more ideas than available funds, which makes it essential to establish one central overview of all ongoing projects, their financial impact, and the expected contribution to the organization’s objectives.

Project planning

The selected projects are further defined during this stage. It involves detailed planning, risk assessment, and a defined budget linked to the available funds. A project team and a project leader are defined by the management board. Many people are involved and need access to the same information, which makes a central source of data essential for sharing information.

Project execution

This is normally the most intensive and visible phase of a capital project. Depending on the scope of the project, many active members will report on risks and issues, exchange documents, and handle a constantly changing stream of financial obligations, work assignments, and requests for changes. There is a clear need for a single source of information so that the project team remains in control and can report to the management board in an appropriate way.

Project closeout

This is the final phase of a project in which the results of the project, including all documentation, are transferred to management. The project is closed financially by finalizing budgets and updating the balance sheet. Most importantly, this phase is used to identify the lessons learned for subsequent projects.

These four aspects need to be managed in such a way that large scaled projects remain within budget, are delivered on time, and in-line with the business case. This sounds like an ideal situation, but is it realistic? It should be your goal to aim for the optimum. So how can we support you in achieving this goal?

IWMS as integrated project management solution?

HAS Properties uses an Integrated Workplace Management System (IWMS) solution to support facilities services, space planning, maintenance management, and sustainability efforts. By definition, an IWMS also offers capital project management functionality for activities associated with the design and development of new facilities and the remodeling or enhancement of existing facilities.

The capital project management functionality in an IWMS can take advantage of the information already in the system relating to buildings, installations, contracts, and work assignments. In addition, existing processes can be used to generate budgets, make liabilities payable, and conclude contracts. An IWMS also provides insight into the entire project portfolio at various stages, the funds that are available for projects, and the project planning - from the strategic elements to the operational details. An IWMS solution provides the management board, steering group, project leaders, and the internal and external project team members with a well-integrated tool that enables them to collaborate and maintain control of the planning and execution of capital projects that benefit the organization.

Ready to get control of your capital projects?

Are you currently looking for a solution that will help you manage your entire project portfolio? Contact HAS Properties to learn more about this service.

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Meet Our Team

Rockstars of HAS Properties

Sajid Mahmoud CEO

A little about me: I am a London native, licensed to sell real estate since 1998. My business is built on the referrals of past clients and colleagues from other cities. I would happily provide you with a list of references who would be willing to tell you about their experiences working with me. I work with sellers and buyers in all price ranges – I have now been in the business so long that I am selling houses to (and for) children of clients! I have substantive experience in the oldest established neighborhoods of UK, Turkey and Pakistan cities and also in the newer developments of the suburbs.
Clients say that my strengths are my knowledge of construction and quality, my use of thorough data and analysis in valuation, my patience during extended buying periods, and that I don’t apply pressure. I don not shy away from pointing out the shortcomings of a property or a neighborhood, and I regularly refer back to your stated goals to keep the process focused and efficient. It is rare that I don’t develop a friendship with my clients during our time together.

Samatha Grymes Realtor

As a London native and Realtor, I decided to embark on my journey to serve my clients in the Residential Real Estate realm. My ultimate goal is to make every client a client for life. My background in communication provides me with a solid foundation to be able to listen to my client’s needs. This allows me to tailor my approach in order to provide the best possible outcome for my clients. Whether you are buying, selling or investing, I am eager to advise.

As my client, you will be provided an incomparable level of personal attention and constant communication. I have an integrated network of affiliated licensed professionals such as home inspectors, mortgage lenders and transaction specialists who deliver any assistance my clients may need during the process. I value the level of trust my clients have in me and have their best interest above all else.

Justin McDaniel Realtor

A UK native, Justin McDaniel understands the value of hard work and perseverance. Growing up in London as the son of a realtor, Justin was taught that to be successful he would need to put into life what he wanted to get out of it. With this life lesson internalized at an early age, Justin would find success in almost every endeavor he embarked upon in his adult life.

Though real estate was not his first career, Justin found success in both the freight industry as well as on the golf course as a sales professional and professional golfer, respectively. While the career in the freight industry taught him how to be a keen negotiator, the golf course taught him how to focus on his goals and never lose sight of them. With these skills he would enter the real estate industry with a bang, successfully closing over £3 million pounds in sales within his first year.

Now a veteran realtor, Justin’s momentum in the industry continues to grow. As an London resident for the past 16 years, along with his prior careers and a reputation for professionalism and integrity, Justin has developed a wide network of both clients and business partners. This network, combined with his passion for sales, has proven to be the catalyst to his initial and continued success in the industry.

Understanding that his clients count on him throughout the entire process of buying or selling a home, Justin makes it a point to be available for them. In fact, many of his clients rave about his availability, pleased that he is able to accommodate tough schedules and last-minute requests. This, coupled with his excellent negotiation skills, remarkable patience, and in-depth knowledge of the local real estate market, has set him apart from others in the industry. Focusing primarily on residential sales in the tri-cities and north central San Antonio areas, Justin’s clients look to him for expert guidance when navigating the highly competitive UK housing market.

Janet Key Realtor

I graduated from the University of Cambridge with a BS in Economics. I was Licensed to sell real estate in 1983 I began working in field. I was the number one McMASKER agent in the Aberdeen in 1990 and 1991. The Governor at the time, Ann Richards, recognized my contribution in helping jump start the economic recovery of the region. To date, I have over 1200 sales with approximately 850 of those in HAS Properties.

I believe that there is no substitute for HONESTY, INTEGRITY, KNOWLEDGE and PERSEVERANCE. My motto is “Do it right the first time”.

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