DETAILS

The Introduction to Project and Construction Management program is designed to provide participants with a basic understanding of the components that go into successfully managing and executing a project before, during, and after affordable housing construction. Participants will learn components of construction management that take place during the construction phase of a real estate development project. Students will learn how to identify and implement best practices and strategies used in the industry. Session 1: Intro & Pre-Development (Thursday, 11/6 at 3pm - 4:30pm) I. Overview of the real estate development process, actors, and concepts II. Managing aspects of pre-development including site acquisition, design, permitting, financing, signing contracts and legal documents, and construction closing Session 2: Construction Management (Thursday, 11/13 at 3pm - 4:30pm) I. Managing the construction process including bank requisitions, construction meetings, scheduling, change order analysis, cost management, and contract administration II. How to manage a development budget to ensure projects are delivered on time and within projected costs Session 3: Permanent Conversion & Overall Project Considerations (Thursday, 11/20 at 3pm - 4:30pm) I. Closing out a project including securing DOB letters of completion, TCO and final CO, unconditional lien waivers, etc. and converting to permanent financing II. Other overall project nuances and considerations, such as resident & community engagement, asset management, homeownership vs rentals, NYCHA PACT projects, supportive housing nuances, etc.