📚 “How Big Things Get Done” – A Must-Read for Every Property Developer & Project Manager 🏗️📈 Ever wonder why some major projects come in on time and under budget (like Terminal 5 at Heathrow), while others spiral out of control? This book by @BentFlyvbjerg and @DanGardner offers groundbreaking insights that every developer, project manager, and investor NEEDS to know. It’s easily one of the best books I’ve read as a property developer. Here’s what stood out for me as someone who turns empty buildings into vibrant homes and workspaces: 🔑 Key Lessons for Property Developers: 🚦 1. Think Slow, Act Fast Most projects fail in the planning phase. Spend 80% of your time planning, 20% executing. Sounds counterintuitive? It’s how successful developers avoid costly delays. 🧠 2. Use Reference Class Forecasting Forget gut feeling. Look at real-world data from similar projects to predict timelines, risks, and costs. It's how T5 succeeded. 📏 3. Start with the End in Mind Clarity of vision = less scope creep. The clearer your outcome, the more aligned your team, budget, and investors will be. 🔄 4. Modularisation is Key Break down big developments into replicable, scalable components. This simplifies timelines, costs, and execution. 🧩 5. Bias is the Silent Killer We all underestimate risks and overestimate returns. Build margin for error into every plan—and listen to dissenting views early. ✨ Heathrow’s Terminal 5 was a rare mega-project success story because it followed many of these principles. At HSO Property, we embed this approach in our developments—to deliver secure, sustainable, and scalable projects that give great returns to our investors while tackling the UK’s housing crisis. 💬 Have you read this book? Or are you working on a big project right now? Drop your thoughts below—I'd love to connect with fellow investors and planners who care about doing things the right way! 📲 Follow me for more insights on smart investing and real-world project success. 🔗 DM “PARTNER” if you're curious about investing in our upcoming developments. #HowBigThingsGetDone #ProjectManagement #PropertyDevelopment #BentFlyvbjerg #DanGardner #SmartInvesting #WealthWithImpact #RealEstateStrategy #T5Success #BigProjectsDoneRight #FinancialFreedom #BuildBetter #InvestWithPurpose #HousingCrisisSolution #LinkedInLearning #InstaGrowth #LearnAndEarn #HSOProperty

Posted by Lily Claudia HammarlundSim at 2025-04-28 22:56:01 UTC