Real estate and hospitality development projects are a significant investment of money, time, and resources. The sheer number of moving parts is easily overwhelming, and rarely can a single person successfully coordinate it all themselves.
Wine Mansfield, President of contract management company and IHS Supplier CPNA, outlined four main components that make up a development project and how CPNA can be the most valuable member of your development team:
1 Project Management and Logistics
If the logistics of a development or renovation project is akin to a three-ring circus, then project management is the ringleader that brings it all together. It requires the coordination of all aspects, including people, facilities, construction, materials, and so much more.
Project management and logistics are just one area where CPNA excels, and you reap the benefits. Their dedicated Director of Project Management has over 20 years in the hospitality industry and uses that experience to assist hotel owners throughout every stage of their projects.
This experience and skill ensure that your purchases meet the various brand standards and budget required for success. CPNA works with your schedule so that products are ordered in time and arrive when needed and wanted.
All project management services are provided remotely (as opposed to onsite), ensuring that access to the plan, timelines, milestones, etc. are just a phone call or email away.
2 Vendors and Quotes
When vendors know you’re looking to hire, you can find yourself reviewing a barrage of quotes across a wide range of vendors. Collecting, evaluating, and managing vendors and their quotes only compounds the complexity and, even worse, your exposure for costly errors.
When CPNA is at the helm, you don’t have to search for multiple quotes across multiple vendors. All information, quotes, purchases, etc., are collected in one source. And once your vendor and quote selections are complete, you receive a full and comprehensive budgetary quote to assist with a seamless financial approval process.
3 Project Pricing and Purchasing
Development and renovation projects are expensive, and every dollar counts. Leveraging their experience and success, CPNA’s position as a wholesaler allows them to offer very competitive pricing across the board.
On your behalf and with your approval, CPNA places your orders and maintains communication with all vendors.
4 Project Claims
All the planning and coordination in the world cannot prevent errors in the chain. The wrong supplies may have arrived, or the right supplies arrived but were damaged – this is when the arduous process of filing a claim begins. Finding the right contacts within a vendor’s operation, filing the claim, and coordinating the proper replacements takes care, attention, and time.
When you partner with CPNA, they handle all questions around claims and the subsequent replacement goods. It is that simple.
Many services pledge to be a one-stop solution to your development and renovation needs, but CPNA truly has the experience, skills, and record of success to fulfil that promise. CPNA understands hotel chain guidelines and standards. They know how to manage and navigate the various aspects of a renovation, conversion, or new build freeing you to focus on your priorities without the constant distractions a development project requires.
Contact CPNA today, and discover how they can make your next project a success.