The Value of an Owner’s Representative to Support Capital Projects and
Real Estate Initiatives
Provide an overview of the role an Owner’s Representative serves on capital projects and how they can support real estate initiatives (feasibility studies, transactions, and related analyses), with examples of relevant projects and the process/protocols to help ensure projects/initiatives are completed successfully.
- Budget Development
- Cost Tracking and Projections
- Team Formation
- Schedule Development, Analysis, and Management
- Contract Development and Negotiations
- Logistical Planning
- Procurement Strategies
- Feasibility Studies and Proformas
- Lease Negotiations
- Design Phase Management
- Construction Phase Oversight
Learning Objectives
- Explain the role and responsibilities of an Owner’s Representative in managing capital projects and supporting institutional real estate initiatives.
- Examine key project management processes that contribute to successful capital projects, including budget development, cost tracking, scheduling, procurement strategies, and contract negotiations.
- Assess how an Owner’s Representative contributes to feasibility studies, financial analyses, lease negotiations, and construction oversight to enhance project outcomes and mitigate financial risk.
CPE Available
- 1 Credit: Management Services
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