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What is development monitoring?
Development monitoring involves overseeing and reviewing how a construction project is progressing. The process aims to ensure developments remain on schedule, within budget and compliant with legal and regulatory requirements. Using this service acts as a safeguard for investors, tenants and developers by providing regular updates during construction.
"Development monitoring delivers critical insights and ensures every milestone is met with precision. It is the key to achieving smooth project execution and long-term success in construction and property development."
What services are included in development monitoring?
There are many moving parts during the construction process, and we ensure you are covered no matter the proposal. Some examples of our development monitoring services include:
- Project review and risk assessment – Assessing potential risks early can mitigate delays and cost overruns
- Compliance checks – Ensuring adherence to building regulations and planning permissions
- Schedule tracking – Monitoring key milestones to make sure the project remains on time. Stakeholders should be updated when these milestones are reached
- Quality control – Reviewing the construction processes and materials to ensure high standards are maintained
Commercial property solutions
Our team of building consultants provide a range of commercial property solutions, from specialist building surveys to architecture and education funding application support. Speak to one of our experts to find out how we can help you deliver your objectives.
What are the benefits of development monitoring?
There are many benefits when you use development monitoring services, such as:
Ensures tenants are updated
As the occupiers of the finished constructions, tenants have unique requirements when it comes to staying up to date with the project’s progress. Among other milestones, they need to know when to be ready to fit out interiors and when the building work has been completed to their standards.
Provides essential information to investors
We provide extensive monitoring in order to give investors the information they need to protect their exposure in the short and long term. These may be the people funding new developments fully or acquiring property through forward purchase.
Allows banks to make informed decisions
Lenders need to be able to recover their capital, which is why they benefit immensely from our development monitoring services. We cover all aspects of developments with updates when required, enabling banks to make the right decisions concerning risks.
How can I access project monitoring consultancy?
Our full-scale approach to project management consultancy lets us take care of your proposal from start to finish. To access our development monitoring services, please call 0800 051 2593 to arrange a free consultation.
We will discuss your needs and let you know how we can support you. You will then be able to make a more informed decision as to whether we are the right firm for your business.
Experts in commercial property
Contact our team of leading auctioneers, property agents, and RICS-qualified surveyors today.
Why choose Eddisons for commercial property development monitoring
With over 180 years of experience, we are property specialists and can handle development monitoring services professionally and efficiently for your peace of mind. We have more than 450 brilliant people across our 30 nationwide offices, so finding an expert near you should be straightforward.
If you need more reasons to choose us, take a look at our many positive reviews to see why we are so highly rated.
Contact our construction monitoring consultants
With clients in sectors including finance, education, health, retail, industrial and more, we have a vast range of new-build construction and refurbishment experience. Do not hesitate to call 0800 051 2593 or complete the form below to arrange your free consultation.
In the meantime, why not read about our work to see how we have supported other businesses in the past?