Project Manager for a one-off house.

newbie4

How much would a project manager charge for a one off house. A couple have offered me the job But I do not know how much to charge. I would like to get the job but would like to have a return out of it too. It will be from green field to turn Key.

Can some one pm me som info

Thank you

paddy147

newbie4 wrote: »

How much would a project manager charge for a one off house. A couple have offered me the job But I do not know how much to charge. I would like to get the job but would like to have a return out of it too. It will be from green field to turn Key.

Can some one pm me som info

Thank you

I think you are taking away from the OP and their thread and questions.

Maybe start your own thread about your own questions.

Poor Uncle Tom

paddy147 wrote: »

I think you are taking away from the OP and their thread and questions.

Maybe start your own thread about your own questions.

Look above paddy, you're in a new thread.....:D

BryanF

Id be interested to know how you go about pricing this also.

I guess if it was me, i'd start with working out a risk/to do list register + contact/team list. then work back from tender drawings, spec and schedules to assess what trades and materials are required. then set up a programme / time line / pre ordering and fill in the expected hours I would have to commit. + site construction layout ie storage, lockup, power, etc not forgetting H&S requirements and contingency + procedure for possible conflict, possible bank delaying payment and agreement with client

probably take a hit on the first job and go from there.

this is just a quick rant, I'm sure I've left lots of other considerations out

Carlow52

depending on EXACTLY what is required I would go with a percentage of building cost; say 7%

One simple reality check on this number is to see what the estimated time of construction is as per the tender docs: say 6 months or 25 weeks at say 30 hrs a week so 750 hours at say 25 euros an hour is 18,750 euro grossed up at 7 % gives you a capital cost of euro 270,000 odd

I would be more concerned that you what is required in a

from green field to turn Key

scenario.

Its all very romantic when written but a different issue in reality

ps the advice given in post 7 below is top drawer

paddy147

Poor Uncle Tom wrote: »

Look above paddy, you're in a new thread.....:D

.......................thanks to you and your moderating powers.:D

wirehairmax

A lot depends on your costs and overheads. Have you staff to pay, office to run, transport, Revenue, PRSI, PAYE, VAT, insurance(public liability and professional indemnity are a necessity at a minimum)??? Employers Liability is also needed if you are supplying other staff or labour to the project. Other overheads and cost associated with running a business?
Do you know how fast you can build it? Take all your overheads and divide them over the construction programme. Now pay yourself a wage as well. Not too easy to do from my experience over the last few years. I've been doing it for years and its getting harder and harder to make a wage every week. The cost of doing business is rising all the time and legitimate businesses are struggling to cover all these costs. I never work on a percentage and always work on a fixed fee agreed in stage payments before the job begins. Get yourself a good contract and insurance in place before any work begins. Ensure the contract outlines both your and the clients responsibilities to the project. Make sure the client has adequate cash flow to maintain construction progress as if the project runs into cash flow problems during the build, it leaves you high and dry. If the client doesnt pay the contractors and suppliers promptly, work will grind to a halt and it will take longer to finish and cost you more time and expense to finish the job.
Before you start, have a realistic budget in place in writing, before any work commences. Be realistic in your forecast and dont promise any miracles. I always prepare a detailed Bill of Quantities for all my projects and there are no shortcuts or grey areas. Every item is costed and the BOQ remains a live document during the project. The client is aware of the costs upfront and also aware that any requested changes or extras will affect the overall budget.
Project planning software is, in my opinion, essential in modern construction projects. I use MS Project and find it invaluable. Used efficently, it definitely contributes to the smooth operation of a construction project. Both you and the client can use it to track progress and plan material and sub-contractor progress and lead-in times.
Go into this project with your eyes open and cover yourself at all times. If you are confident in your ability to bring in the project on time, on budget and safely without affecting quality, best of luck.