Project Management In Real Estate Development Projects

Nurbanu Türgen

ERES from European Real Estate Society (ERES)

Abstract: Real estate development projects are hierarchical and sequential processes which are needed to be considered and analyzed by focusing on several disciplines. Getting through the real estate development projects in right time, with planned objective quality and budget is the general purpose; however, it is not so common to perform it perfectly. In real estate development projects, it is very important contribution to planned objectives that keeping the project management approach remain on agenda and using it as a tool. In today's conditions, implementing an idea of real estate development is possible with efficiency in leading, management and organization. Concordantly in this study all parts of the real estate development projects that are the idea inception and refinement; feasibility; preconstruction; construction; stabilization have been handled as the processes of initiating; planning; executing; monitoring and control; closing. Real estate development processes in such a unity have been analyzed through the field of project management knowledge areas. In this way, finding out which knowledge areas have priority in each real estate development process has become possible.

JEL-codes: R3 (search for similar items in EconPapers)
Date: 2015-07-01
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Persistent link: https://EconPapers.repec.org/RePEc:arz:wpaper:eres2015_269

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