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  • Project monitor progress report checklist

    In most instances the project monitor prepares a monthly report for the bank or fund. This progress report is key to the overall reporting process to the bank or fund.

    Typically, the progress report will be undertaken on a monthly basis and, where appropriate, should follow seven days after the drawdown request by the developer.

    This is a checklist of items the progress monitor should consider in making the progress report.

  • Appointing a project manager

    The aim of this publication is to provide practical advice and guidance to individuals and organisations involved in the commissioning or procurement of project management services as well as RICS members in England and Wales undertaking the role of project manager in relation to building works contracts.

    The role of the project manager covers a wide range of possible services and projects from the smallest residential scheme through to larger infrastructure projects. The responsibilities of the project manager will be defined initially by the professional appointment under which they are employed and then by the form of building contract used for the works.

    Please note: while the content of this guidance note contains textual material which is still current and able to be used in practice, it is acknowledged that a number of references in the Appendices are now out of date and need to be changed to reflect the subsequent publication of other documents.

  • Value management and value engineering

    Published January 2017
    Effective from 1 May 2017

    This 1st edition guidance note introduces the concepts of value management and value engineering as they relate to construction projects and to the role of chartered surveyors, who have a key role to play in helping manage value across the project.

    Value management and value engineering are both concerned with increasing the ratio between benefit (outputs) and the cost or effort (inputs) required, but are often separated in terms of their timing and their scale. But value is also a relative concept, and one of the roles of project management, supply chain procurement and overall procurement is to manage these imbalances so that the project as a whole provides value to the client.

    This guidance note is part of the RICS QS and construction standards (the ‘Black Book’).

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