A Team Approach to Reduce Cost and Risk in Development

Recently, Bob Ritter, Douglas Company Director of Business Development, and I had a discussion with an architect we had worked with once in the past about progressive approaches to control costs and risks in senior living development.  This discussion ran the gamut from upfront information gathering to control risks, proper planning for development costs to ensure they are inclusive, proper construction cost budgeting, control of design to meet budgets, and control of risks during construction to help assure a project’s success.

What was remarkable about this discussion was how similar our approaches were in our efforts to contribute to our clients’ success.  A team approach with the architect and contractor working with the owner to achieve project goals works, and has been increasingly accepted in the architectural community as the best way to service our clients.  As it has been our approach since inception, we are pleased to see this approach’s increasingly widespread acceptance and popularity.

Peter Douglas, P.E.
The Douglas Company

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