Why Projects Always Cost More at Your Estate
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Why Projects Always Cost More at Your Estate
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One of the most expensive phrases in estate operations is: "While we're at it, let's..."
If you've worked in private service for any length of time, you've heard it.
Before anyone realizes what's happened, a $50,000 project can become a $150,000 project.
The problem isn't the additional work. It's that the project changes without anyone stopping to redefine the scope, budget, timeline, or approval process.
The real problem is a lack of leadership. In this episode, I share 5 simple questions that need to be asked during every project. And I share why project governance matters.
Sustainable operations require leadership as well as structure and a plan. This is what my new FRAME initiative (Framework for Residential Asset Management & Execution) is all about. Subscribe to learn more about my concept behind this, which I'll share in future episodes over the next few weeks.
𝐍𝐞𝐱𝐭 𝐒𝐭𝐞𝐩𝐬:
LEARN MORE: https://www.estatemanagementsystems.com/frame
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