Lafayette Miami Blog
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Lafayette is trusted by landlords, condo associations, and real estate professionals in the world's most upscale destinations. We offer luxury construction and white-glove property management services in Miami, Palm Beach, New York, Aspen, and the Caribbeans.
Lafayette Miami Blog
2y ago
Why Connected Construction?
The construction industry has shown an unparalleled level of resiliency over the past year. In navigating one of the most difficult periods in recent history, companies have been forced to adapt to an entirely new way of working—adopting new technologies, new processes and new mindsets. Leaders across the industry have acknowledged and responded to the galvanizing impacts of the pandemic, with two-thirds of executives agreeing that COVID-19 has accelerated industry transformation and half reporting they’ve increased investments to prepare for the ..read more
Lafayette Miami Blog
2y ago
Construction project risk management is one of the most vital functions of cost estimation
Construction can be precarious. Budget-busting design omissions, unforeseen conditions and everything in between can affect a project’s bottom line; for this reason, construction project risk management is one of the most vital functions of cost estimation.
Risk management practices in construction project management aim to prevent or reduce exposure to threats while mitigating the effects of various hazards.
Common risk factors on construction projects include:
Feasibility ..read more
Lafayette Miami Blog
2y ago
The Art and Science of Managing Design & Construction
Professional construction project management is a super fine-tuned system designed to facilitate planning, coordination and control of a project from the early stages all the way to project closeout and completion. Qualified construction managers use specialized project management techniques to orchestrate a project’s schedule, costs and quality. And orchestrated it is.
Imagine that you’re underwriting a concert. You have an orchestra and a conductor in mind, a dream program, you know who you want to invite, and you ..read more
Lafayette Miami Blog
2y ago
Why Connected Construction?
The construction industry has shown an unparalleled level of resiliency over the past year. In navigating one of the most difficult periods in recent history, companies have been forced to adapt to an entirely new way of working—adopting new technologies, new processes and new mindsets. Leaders across the industry have acknowledged and responded to the galvanizing impacts of the pandemic, with two-thirds of executives agreeing that COVID-19 has accelerated industry transformation and half reporting they’ve increased investments to prepare for the ..read more
Lafayette Miami Blog
2y ago
Facilitating communication to manage a highly functioning team
The most important task in a high-end estate project is to assemble the right professional team at the outset. A principal may or may not already have an architect, interior designer or contractor with whom they have a good relationship, but many other professionals are required: entitlements expediter, engineers, consultants and landscape designers, etc. A construction project has an enormous number of “moving parts”: a successful project demands that the professionals involved are experienced, have the sa ..read more
Lafayette Miami Blog
2y ago
Helping you understand how to keep construction projects on track!
What do we mean when we say “start from the finish?” We use this phrase to help clients understand how we keep construction projects on track, both in time and expense. It is also a way for projects to move at the “warp speed” that the marketplace requires today. Delays and budget issues are, sadly, widespread in the world of life sciences construction. Based on a January 2021 study by Turner & Townsend, roughly 70% of construction projects surpass their budget by an average of 15%. Additionally, projects tend to overr ..read more
Lafayette Miami Blog
2y ago
How do you hire a project manager who will drive your company forward?
1. Define the skills the project manager role requires
Responsible for taking the lead on crucial projects, these managers must have a certain set of shining skills. For starters, they should be on top of frequent and effective communication—both externally and internally. With clients, that means establishing several touchpoints and building rapport for strong and trustworthy relationships. Internally, project managers should be able to effectively translate the client’s needs to the team members respo ..read more
Lafayette Miami Blog
2y ago
Networking is key in the construction industry
While plenty of people take off during the summer months, this period is known to be a busy time for construction professionals. The sunny weather conditions, coupled with relatively less traffic on roads, create an ideal environment to make headway on projects. But no matter how hectic your schedule is this summer, it’s important to find time to attend professional functions such as meetups and webinars. Events offer networking opportunities, allowing you to connect with industry peers — something that many people are fi ..read more
Lafayette Miami Blog
2y ago
The following steps are what you should expect from your Miami contractor
Behind every successful remodeling & construction project are months of planning. Along with it comes a strict building schedule along with post-construction tasks requiring the utmost attention to detail. If you’re planning on having your home remodeled or built-from-scratch, there are some things you should know about the process. That way, you’re well aware of what to expect in the upcoming weeks.
You’ll find that most contractors work in a concise way to expedite the process for you. If you have any que ..read more
Lafayette Miami Blog
2y ago
Helping you understand how to keep construction projects on track!
What do we mean when we say “start from the finish?” We use this phrase to help clients understand how we keep construction projects on track, both in time and expense. It is also a way for projects to move at the “warp speed” that the marketplace requires today. Delays and budget issues are, sadly, widespread in the world of life sciences construction. Based on a January 2021 study by Turner & Townsend, roughly 70% of construction projects surpass their budget by an average of 15%. Additionally, projects tend to overr ..read more