Real Estate Development Construction Essentials REDV-0050

SPRING 2024
Sec. 1: Online (self-paced). Mar. 26-Apr. 30 (6 sessions). Bialkowski

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Learn how owners and developers equipped with a sound understanding of the phases, requirements and risks of the construction process can have a major impact on the success of the building project. Learn key components of the construction phase of a development project to effectively control the design and construction process, ensuring that every decision is made in the owner’s best interest. Topics include the project team and its roles and responsibilities, project delivery methods, hard and soft development costs, construction insurance and contracts including general conditions. Discuss budgeting and cost management, types of estimates, schedules, change orders, claims management, surety bonds, and mechanics’ lien.