Project Management Blog
Site Selection | How Do I Make Data Useful for Critical Decisions?
Ah, site selection… let me know if this sounds familiar: We need a new data center! We need to open fifteen new locations every year for the next ten years! We need a new R&D center! You’re the director of real estate and you’ve been tasked with finding these locations. What to do? Where to start? You could call a…
Read MoreCRE Portfolio Management Software | Document Management Features You Need
When you’re on the hunt for commercial real estate (CRE) portfolio management software, efficient management of documents is a critical aspect of ensuring that every operation runs smoothly. Whether you are dealing with leases, appendices, floor plans, or invoices, the ability to access and manage documents effectively can make a substantial difference in your workflow.…
Read MoreBI Tools | Context is Key
Over the years I’ve been asked to review and assess clients’ internally developed business intelligence (BI) tools and platforms on more than a few occasions. Some of them are great, and some of them could use some work. As an example of the latter, a few years ago, I was working on one of these business…
Read MorePortfolio Strategy is Easy, Right?
If portfolio strategy is a conversation your team is having, let’s lay out a scenario and see if it resonates. You are a real estate executive who just got an email from the CFO asking why our annual lease costs are up 5%. You scramble around gathering emails, spreadsheets, and previous and current lease agreements…
Read MoreProject Trigger Logic: Maximizing Efficiency
ManagePath has revolutionized the way businesses handle their lease portfolios, bringing order and efficiency to a previously convoluted process. One of the standout features that takes lease management to the next level is project trigger logic tied to critical dates. Project trigger logic refers to the set of conditions that initiate a specific project within…
Read MoreTrigger Logic: Unlocking Efficiency
Trigger logic is a powerful tool that can revolutionize how commercial real estate professionals operate. In the fast-paced world of commercial real estate, an efficient workflow is key to success. With multiple properties, complex transactions, and diverse stakeholders, optimizing workflows is critical for staying ahead of the competition. Trigger logic applies to rules or conditions…
Read MoreStreamline CRE Projects with Automated Cash Flow Forecasting
A critical aspect of capital project planning in the commercial real estate (CRE) industry is cash flow forecasting. Effective cash flow forecasting ensures that sufficient funds are available at each stage of the CRE project. Thus, allowing for timely payments to contractors, suppliers, and other stakeholders. Cash flow forecasting is a financial management process that…
Read MoreA Single Software Solution for Lease and Project Management
Lease administration and project management for your commercial real estate portfolio are two critical business functions. They require extensive planning, organization, and execution. While these two functions operate on their own, they are closely interlinked and often impact each other. Therefore, these functions integrated into a single software solution deliver numerous benefits to businesses of…
Read MoreLocation Analytics: When Location Matters
Location analytics has become an essential tool for businesses looking to expand or optimize locations for their operations. In the Business-to-Consumer (B2C) segment, this is a critical step in maximizing your return on investment. Location analytics refers to the process of collecting, analyzing, and interpreting data related to the physical location of a property. It…
Read MoreA Guide to ESG in Commercial Real Estate
The future of commercial real estate is becoming increasingly tied to Environmental, Social, and Governance (ESG) considerations. Investors and tenants place greater emphasis on sustainability and social responsibility. In turn, companies are adapting by incorporating ESG principles into their operations. Environmental, Social, and Governance (ESG) refers to the three key areas that companies and investors…
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