PROJECT SUMMARY
This Construction Management Plan is for a design-build project involving a 30-unit apartment build that highlights the project's scope, objectives, strategies for execution, anticipated challenges, and mitigation strategies. This summary serves to provide stakeholders with AIM Design & Development’s concise, strategic vision of the project plans, critical timelines, projected costs, and management strategies.
OBJECTIVES
Timely Completion:
The target for project completion is 24 months from the commencement date, adhering strictly to the predetermined timeline to ensure availability for the leasing period.
Budget Management:
Project will be executed within the allocated budget of $15 million, maintaining financial discipline and responsible stewardship of funds while ensuring quality and sustainability standards.
Quality and Compliance:
To achieve high standards of construction quality and environmental sustainability, fulfilling all regulatory requirements and certifications.
Stakeholder Satisfaction:
To meet or exceed the expectations of stakeholders, including investors, future residents, and the local community, ensuring the project enhances the local urban landscape and meets market demands.
PROJECT OVERVIEW
This Construction Management Plan is for a design-build project involving a 30-unit apartment build that highlights the project's scope, objectives, strategies for execution, anticipated challenges, and mitigation strategies. This summary serves to provide stakeholders with AIM Design & Development’s concise, strategic vision of the project plans, critical timelines, projected costs, and management strategies.
EXECUTION STRATEGY
The project will be managed under a Construction Manager utilizing a design/build framework, which integrates the design and construction phases, thereby fostering innovation and collaboration, reducing redundancies, and streamlining the execution process. This approach allows for:
- Early identification and mitigation of risks.
- Enhanced coordination between architects, engineers, and construction teams.
- Fast-tracked timelines through overlapping design and construction phases.
Anticipated Challenges and Mitigation Strategies
Regulatory Approvals: Delays in obtaining permits and approvals could impact project timelines. AIM Design & Development’s team, which includes an environmental abatement and mitigation specialist and Government Liaison will be responsible for navigating regulatory frameworks, ensuring all documentation is submitted accurately and promptly.
Budget Overruns: Tight control of project finances through robust cost management systems and regular audits will mitigate the risk of budget overruns.
Supply Chain Disruptions: Establishing strong relationships with multiple suppliers and maintaining a flexible procurement strategy will help mitigate potential supply chain issues.
Environmental Impact: The project will adhere to green building practices, aiming for LEED certification if desired, and will implement measures to minimize the construction impact on the surrounding environment.
The construction management plan for the 30-unit apartment building represents a comprehensive approach to address the complexities of modern urban development in LA. Through strategic planning, innovative design-build processes, and a commitment to sustainability and stakeholder satisfaction, the project is poised to deliver premium living spaces while setting benchmarks in construction efficiency and environmental responsibility. This executive summary encapsulates AIM Design & Development’s vision, strategies, and commitment to executing a project that not only meets but exceeds the criteria for success.
AIM Construction Management Methodology
AIM Design & Development will serve as the Construction Manager (CM) acting as the owner's advisor through the entire process of the project from the initial concept to completion. AIM will be responsible for ensuring the project is completed within the predefined budget and timeframe, and meets the quality standards expected by the owner. AIM will using the following approach to this project:
