Project monitoring

Investing in construction projects carries considerable risk and it can prove difficult to secure funding. To reduce risk, many large projects employ the services of a project monitor.

Project monitoring is carried out on behalf of investors such as fund managers, to inform them of risks associated with a project. Their role is to provide advice on risk and return on a financial investment.

Without an understanding of the risk and the overall risk/reward relationship attached to transactions, poor decisions may arise that can ultimately undermine your business performance.

This section is maintained by Dr Joe Giordano of Bargate Consulting Ltd. 

RICS standards: Project monitoring

Document template: Project monitor drawdown letter

RICS journal article: Why project monitoring is vital to development