Addressing current challenges in project management?
A Conversation with h3 munich
Project developers and controllers still face numerous daily challenges, such as managing financing, permits, planning, and design. To overcome these multifaceted challenges, it is crucial for project developers and controllers to maintain an integrated overview of their projects and associated costs.
A consistent project management and budget administration strategy is of great importance in this regard.
We met our long-standing client, h3-munich GmbH, in Munich and interviewed its Managing Partner, Mr. Appelmann, on how he tackles current challenges. h3-munich GmbH specializes in project development, project management and control, construction monitoring, and client representation.
Why do you prefer working with project control software?
As a Project Controller, I know from experience how crucial it is to continuously monitor costs. Therefore, we decided to work with project management software specifically developed for the construction and real estate industry, offering comprehensive functions for cost tracking, process management, and project control.
What differentiates working with a PropTech solution from Excel?
Since the start of my career in project controlling, I have utilized professional cost tracking systems (even before PropTechs were established). I apply PropTechs and their databases across all projects, from cost tracking in urban development planning to seemingly 'routine' tenant fit-outs. I find the software for multi-project controlling and multi-project management to be exceptionally user-friendly and logically structured. Compared to other systems I have used, PROBIS software is straightforward to operate, and its early warning systems, particularly in resource planning, are critically important for projects. It is clear that PROBIS is developed by seasoned cost control professionals.
Furthermore, I am currently in the testing phase for the new Developer Calculation Tool calculate, which I am already impressed with after a short period, as it allows me to calculate and document multiple development variants in parallel.
Mr. Appelmann has committed to sustainable project management, stating, "we cannot continue as before." He will participate in a panel discussion at the "Decision Sustainability" conference in the Small Olympic Hall in Munich www.entscheidungnachhaltigkeit.de.
Projects and ESG data are managed with PROBIS.
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PROBIS intelligently integrates all cost management processes into a single solution. Gain complete control over all costs and revenues throughout every project phase.
- Intelligent Developer Costing
- Full Cost Control
- Risk Analysis & Early Warning System
- AI-powered Benchmarking