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  • Project monitoring (ARCHIVED)

    Published March 2007
    Effective from March 2007
    Archived 16 September 2024

    Project monitoring is distinct from both project management and construction monitoring, and can be defined as: 'protecting the client's interests by identifying and advising on the risks associated with acquiring an interest in a development that is not under the client's direct control.'

    This guidance note considers the typical things that a project monitor will advise upon, including:
    - land and property acquisition matters
    - statutory consents; competency of the developer, its team and any proposed project management systems
    - financial appraisals
    - development, finance, consultancy and construction agreements
    - construction costs and programmes and
    - design and construction quality.

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