| Popis: |
Real estate development can be described as both complex and diverse; complex due to the large number of private companies and public agencies undertaking development in a variety of organizational forms and legal entities; diverse due to the involvement of a great number of businesses across a wide range of sectors, with each having different objectives and operational structure. Further complicating the study of the development process, each property is unique, and subject to ever changing regulation, and often subject to an approval or permitting process that is public, which allows for citizen involvement. Each of these issues creates an environment that is difficult to model. This paper identifies the common practices used by development managers during the technical services phase of the preconstruction process. Each of the activities involved with this process can be considered technical in nature, due to the structured procedures and need for professional consultants. |
