Managing Multiple Projects and Other People's Money
Hello!
As someone who wants to provide value - in your experience, what has been some of the best advice you have received or that you could offer someone managing multiple projects, using other people's money?
- Would you suggest taking a full course in Project Management and earning the certification, (not for the title or the certification, but with the goal being to fully understand the entire process)? If not, what avenue(s) would you advise someone to take to become the best Project Manager?
- How have you overcome making a mistake and correcting it? For Example: Hiring the wrong contractor(s) resulting in the project going over budget.
- How have you overcome losing trust by and earning it back? For Example: Losing trust by not offering enough transparency and thoroughly communicating.
- How do you explain to a new partner that does not have experience in flipping/rehabbing, the ups, and downs of construction?
- What steps have you taken to be proactive when a timeline started to deviate from the schedule?