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Project   Development

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Real Estate Project Development


Developing a Project is actually first dreaming. With this combination of visionary, successful projects for the future emerge. The element that separates the project from other works is the process of designing and implementing something that is not there. Turkish Language Association defines the project as "the draft desired to be realized". Oxford describes it as "An individual or collaborative enterprise that is carefully planned to achieve a particular aim". In other words, it was called "an initiative put forward to achieve a certain goal by carefully planning". The subject that catches our attention here is purpose and design. These two main elements are indispensable for projects. First, the purpose should be determined, then the design should be presented with imagination and vision.


For example, if you have a land and want to develop the best project on it, the starting point will be the land. The study is carried out by considering the location of the land, environmental economic analysis and future development. The profitability and efficiency of the project is determined for many years by making a pre-feasibility study. If there is a feasibility for the landowner regarding the project, a study is conducted by determining the process analysis and work steps.


If you have an idea and want to develop a project for it, we first need to test whether your idea is actually salable. We take a simple explanation of your idea from you and make a preliminary design according to the project work processes. With the evaluation to be made according to the feasibility analysis, it will be revealed whether your project can be done or not.


Project Development Steps


1. Decision to start the project: Why do we want to realize this project? What goals do we have? There should be a business plan that sets out what the benefits and assumptions are. What are the constraints? How are the necessary resources provided? At this stage, only high-level targets can take place, since we are in charge.


  • - Assumptions

  • - Project Benefits

  • Project constraints

  • - business model

  • Conceptual structure of the project

  • - ROI; project turnaround time


2. Research: While developing a project; Unknown developments and problems that may arise are tried to be determined in advance with research. Here, as much information as possible is collected and a model is created for the project's compliance test.

  • Job analysis

  • Detection of uncertainties

  • The market research

  • Job estimates

  • Feasibility

  • Research & Development


3. Determination of needs; Business owners; What kind of expectations do they have when starting work, determining the priorities correctly and planning accordingly

  • Functional needs

  • Project Stakeholders

  • Lateral requirements

  • Prioritization of needs


4. Financial planning


  • Estimated Cost

  • Staged, time-dependent cost plan

  • Risk Estimates

  • Crossing point to land

  • Predicted business processes with parametric values


5. Planning

  • Active Work Planning

  • Project License

  • Project Plans and engineering Calculations

  • Basic infrastructure planning of the project

  • Factors dependent on the project and resource needs


6. Procurement plan

  • Internal resources

  • Procurement and Purchasing

  • Services to be received from external companies

  • Service agreements


7.Section of location

  • Choosing the most suitable place for the concept plan

  • Easy access

  • Proximity to target markets

  • In future plans; increased value creation potential


8.Architectural Design

  • Architectural planning and design

  • 3D architectural visualization with software

  • Focus on alternative problems and solutions with Autocad

  • Drawing all the details in the project


9. Construction

  • Delivery time

  • CPM planning

  • Workforce planning

  • Simultaneously apply the possible by dividing the work into stages

  • Problem management

  • Project audits

  • Construction and manufacturing machinery and equipment inventory


10. Testing Process

  • Acceptance of criteria

  • Quality assurance

  • Test

  • Quality

  • Test cases

  • User controls


11. Finishing work

  • Measuring Information and Resource Loss

  • Measuring knowledge and resource gain

  • Establishing project coordination and preparing the transition to life process

  • Testing the project in accordance with the planning and delivery to the employer

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