Development Manager vs Project Manager
The terms Development Manager and Project Manager are often used interchangeably, but there is a distinct difference both in the scope of the role and in the personal traits required to deliver it successfully.
Do you need a Development Manager or a Project Manager?
Let’s take a Property Developer project as an example. This type of project can be broken down broadly into 10 stages as follows
Sourcing the Opportunity
Due Diligence Analysis
Planning Approval
Funding Structures
Pre-commitment
Design & Building Approval
Construction Delivery
Defects and Operational Handover
Property Management
Life Cycle and Portfolio Management
A Development Manager must have a strong understanding of Macro Property Issues and of his clients’ desired outcomes.
A Project Manager must have a strong understanding of Construction and Design issues, and be adept at managing multiple consultants and contractors to achieve the outcomes delivered by the Development Manager.
The Roles of the Development Manager are; the Roles of the Project Manager are highlight in Blue.
Sourcing the Opportunity
Due Diligence Analysis
Planning Approval
Funding Structures
Pre-commitment
Property Management
Life Cycle and Portfolio Management
Life Cycle and Portfolio Management
The Roles of the Roles of the Project Manager are;
Design & Building Approval
Construction Delivery
Defects and Operational Handover
