Open-Book Project Management Services
As a client of Shorcom, you will experience open-book project management services. This means you can check on the status of your project anywhere, at anytime.
Transparent Project Management
TRANSPARENT PROJECT MANAGEMENT
Providing project validation and transparency above the industry standard.
Shorcom managed projects use cloud-based management software Buildertrend®. The cloud-based management allows for access of the data for project managers and the client, regardless of location. Open-book project management through Buildertrend® differs from common industry practices, validation clarity is provided on a daily basis and all stakeholders have viewing access and the ability to add feedback to any activity.
TRANSPARENT PROJECT MANAGEMENT
Ensuring project management security with data protection safeguards.
Buildertrend® is a cloud-based, advanced project management software. This allows easy access of the data for project managers and clients regardless of their location. Data protection safeguards are in place hosted by Buildertrend®, ensuring that backups are made on a regular basis, are secured, and data is encrypted to protect against accidental destruction or loss. Buildertrend® utilises vulnerability assessment, patch management, threat protection technologies and scheduled monitoring procedures designed to identify, assess, mitigate and protect against identified security threats.
Client Experience
CLIENT EXPERIENCE
Track your project at every stage through your client portal.
Project transparency is paramount. At Shorcom, we grant internal access for all of our clients through a client portal within Buildertrend®. Clients are able to access this client portal via desktop view or through the Buildertrend® mobile app for convenience.
✓ Track Fund Use
Track the financial health of the project at any time and view where all funds are being allocated.
✓ See Upcoming Activities
View the project schedule which is updated in real time to track your project progress and view upcoming events.
✓ Watch Your Project Be Built
Through daily site photos and a 24/7 site live video feed, monitor site activity and watch your project come to life.
✓ View Source Documents
Clients have access to all source documentation that is received for the project.
✓ Comment On Daily Activities
Clients are able to comment on project logs which will notify the assigned project managers.
✓ Mobile App
For convenient access, clients are able to view all information on the Buildertrend app - available on Android and IOS.
Service Outline
Shorcom serves as the client-side project manager to monitor all aspects of the project on behalf of the client. Project progress is recorded clearly through transparent project management.
PROJECT MANAGEMENT OUTLINE
The core principle of Shorcom's Project Management service is charging a fixed fee for running the entire project for you at cost and open book. The advantages of Shorcom managing your project are bulk buying power and scale. As we have the optimum number of homes for every project, and multiple ventures underway at any time, we are able to leverage these economies of scale to deliver you a cheaper build price. Our project management team include skilled engineers and QS and our operations are thoroughly documented with process validation. The project management fee is a contractual arrangement for this service.
AGREEMENT SUMMARY
A project entity form is created to suit the clients needs.
The land owner provides the preliminaries funding for Resource & Building Consent; alternatively, Shorcom's funder can advance preliminaries finance from land equity secured by first mortgage, and a personal guarantee from the land owner.
Shorcom is engaged as the project management company. The project management fee is a contractual arrangement to be paid monthly. We always operate through open-book accounting, at cost, validated by source documents.
The land owner provides the construction funding; or, alternatively again, our funder can provide finance once Resource & Building Consent is granted.
Approximately 80% - 90% of the total site works are from fixed-price contractors; the remaining 10% - 20% is from Longevity Construction employees, who build the superstructure from ICF, as well as any other site works.
On completion and settlement, any funder is paid first, and then the land owner retains 100% of the project profit.
ENQUIRE TODAY
Experience the benefits of transparent project management.
Get in touch with us today to learn more about how your project can benefit from an open-book approach.