An Project Manager supervises a house flip from start to finish – from foundations to interior design! They can be unbelievably helpful, usually managing, training, and inspiring an entire team of designers and contractors to get the project done. So should you hire one?
A Project Manager on your house flip will acts as a leader – making decisions, assigning tasks to other members of the team, and moving in to assist when one area of the project is dipping behind. You may object to hiring a project manager initially, as it’s an additional cost, and is something that you may feel you can cover yourself. However, it really could end up saving you money in the long run in terms of project efficiency and staff productivity.
What does a project manager do day to day?
In a typical workday as your Project Manager, you might create the day’s action plan, oversee work completed, discuss plans with contractors, and discuss the progress on the project with you.
Managing all this requires will require a vast knowledge of house flipping, including everything from the construction aspects to the interior design finished. You should make sure that you ensure they have adequate project management training, along with supervisory and sales skills. Your project manager will keep in contact with you to establish good relationships and ensure your customer satisfaction. Check that they are fully qualified – they should have a course certification such as a Prince2 Course or PMP training accreditation.
They will work hard to generate and preserve a positive environment and help keep up everyone’s energy levels and enthusiasm about the project, in the hopes that it will develop your design team’s success and overall performance. And, you do all this while remaining current and up to date on the latest design techniques, designer color trends, and innovative design solutions.
Should I hire a project manager for my houseflip?
Are you thinking about hiring a professional project manager for your home project? Maybe you have a full-time job, and don’t know if you would have time? Project managers for single domestic homes don’t come up easy. There are some out there but they are hard to find!
Also, there is an argument that if one were any good at project management, one would become a builder. These days many, if not most, smaller firms only employ subcontract labor, so you may not need to hire a project manager.
January 10, 2017
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