dev high level process flow 0.7
TRANSCRIPT
2. Pre Development Phase
1.1 Identify Project Potential 2.1 Concept 2.2 Schematic 3.1 Design Development, Documentation & Approvals 3.2 Procurement 3.3 Construction
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3. Development Phase
White Paper for Approval
Identify Opportunity &
Initiate Development of Business Case
Initial Market Research/
Assessment(Quantitative &
Qualitative)
NSM to Control Site
(Land Acquisition)
Seed Capital, Engage
Resources to Develop
Opportunity
Undertake Opportunity
Analysis/Commercial
Appraisal
Develop Initial Strategic Intent, Positioning and
Vision
Develop Retail Strategy
Prepare Initial Funding Proposal
for Approval
Provide Initial Funding
Initiate Stakeholder Engagement
including Regulatory Bodies
Engage Initial Consultants
Develop Internal Resource Plan
and Identify Team
Develop Schematic Design
Prepare Development Brief (RFP)
Refine Leasing Strategy
Develop Merchandize
Plan / Leasing Budget
Develop Technical Specifications for
Fitout and Tenancy and Operations
Develop Concept Master Plan
White Paper Approval to
DevelopSchematic
Provide Additional Funding
Firm up Key Anchors (LOI)
Define Asset Parameters –Cost. Rents
Commence Project Control Group Meetings
Perform Initial Risk Assessment
Finalize Commercial Feasibility
Perform Initial Leasing
Assessment
Prepare Design and Performance
Brief
Business Plan Paper for Final
Approval
Provide Full Funding
Commission Internal & External
Project Teams
Detail Further on Technical
Specification
Develop Construction
Drawings
Approval from Regulatory Bodies
Design Development
Documentation
Finalize Technical and Design Terms with Key Anchors
Select Contractors as per
Procurement Plan
Provide Internal Approval
Provide Internal Approval
Provide Internal Approval
Prepare Detailed White Paper
Nakheel Shopping Malls Development Management Framework - V7.0 10-Sep-2008
Develop Preliminary Feasibility
Risk Management
Approves Changes to
Construction Cost & Schedule
Monitor Compliance to
Quality
Conduct Initial Review Meeting
with Development
Develop Initial BrandingStrategy
Review Master/Asset Plan
Review Concept Master Plan on regular basis
System Presentation and
Development Review
Prepare Business Plan Paper
Develop Sales Marketing and
Communication Plan
Ground Breaking
Monitor Defect Rectification
Implement Project Management Plan
Review & Monitor Costs &
Schedules
Monitor Design
Grand Opening
Handover stabilization –
Snagging..
Perform Quality Control
Monitor Progress of Construction
Training of Mall Personnel
Align Operational Processes
Develop Wrap up Report
Perform Contract Administration
Finalize Contract and Sign Lease
with other Tenants
Handover to Mall Operations
Hire Mall Management
Team
Obtain Infrastructure signoff from
Design Group
Approval of Final Design Documents
Prepare Cost Estimate(s)
Initiate Value Engineering
Analysis
Engage Preferred Contractor as
Consultant
Involve Group Internal Audit for
Reviewing Contracts
Develop Tenancy Design
parameters
Continue Value Engineering to
Align Construction Cost to Feasibility
Overview Construction
Process
Deliver Tenancy Coordination
Execute Construction
Contract
Finalize Contracts with Major Tenants
Initiate Merchandising Plan Execution
3.4 Completion and Management
Approve Contracts with main
Contractors
Develop Fit out Guide
Sign Lease with Key Anchors
Identify and Select Facility
Management Contractors
Coordinate Takeover of Mall
Operations
Obtain Building Completion
Certificate from Reg. Bodies
Execute Marketing Campaign for the
Launch
Identify & Select Media Partners for
Marketing Campaigns
Manage Launch Event
1. Initiation Phase
Economic/Market Assessment
Validate Development Opportunity
Initiate/Brief Thinc Projects
Approval Options:1. Develop Concept + Schematic2. Develop Concept only
(Optional Approval If Schematic approved in earlier phase)
Development Brief:- Development Master Plan- Benchmark- Site Development - Area Schedule- Program- Review Positioning Strategic Intent
Prepare Detailed Leasing Plan
including Precinct Plan & Major
Anchors Strategy
Identify & Verify Internal Approval
Process
Identify/Confirm Performance
Milestones to Be Achieved
Design & Performance Brief:- Development Rationale- Development Objectives- Market Analysis - Master Program- Cost Plan- Feasibility - Procurement Plan- Project Management Process- Risk Assessment- Aesthetics Proposed- Functional/Operational Deliverables- Leed Performance
Prepare Marketing Plan/Budget
Develop Incentives Budget
Finalize Finishes and Material
Selection
Develop/Document Lessor/Lesse Interfaces
Update Feasibility against Approved
Mobilize Marketing and Sales Plan Develop Brand
Refine Retail Plan and Freeze
Lease Mini/Major Anchors
Endorsement of Finishes (internal and External)
(Mandatory)
Expression of Interest/Tender
Contract
Contract Sum Compilation
Draft Construction Contract
Agree Contract Content
Verify Feasibility as Approved
against Proposed Contract Sum
Implement Marketing/Sales
Plan
Prepare Leasing Brochure
Option for Top management Approval to Proceed based on Contract Sum compiled under Procurement Plan
Handover Major Anchors for Fitout
Handover Specials for Fitout
Manage Retail Plan Changes
Monitor Performance
against Feasibility
Option Integrated Fitout, Major
Anchors
Rent out Advertising Space
Lease Specialties
Lease Administration
Handover to Operations
Initiate Retail Plan Changes
Interface to Tenancy
Coordination
Tenant Dispute Resolution
Implement Operational
marketing Plan
Completion of Documentation
(Warranties, Certificates, As
Built)
Finalize Contract Sum
Finalize Incentive Payments
Provide Legal Advice
Align Fitout/Construction to
Achieve Opening
Participate in Hanover Process
Coordinate and Monitor Snagging
for Tenants
Select Facility Maintenance Contractor
Update Project Management Plan
to Incorporate Construction
Phase
Approval to Proceed
Brief Technical Design Group/Authorities on
Concept
Develop Construction
Contracts
Initiate Design Peer Review (if
required)
Undertake Value Engineering Study
Document & Implement Project Management Plan
Project Management Plan:- Scope- Cost- Time - Quality- Resource- Communication - Risk Management
Enabling Works (if approved)
Brief/Engage Authorities
Verify Documents Match with Operational
Requirements
Tenancy Coordination:- Receive Tenancy Instruction- Receive Concept Documents- Review Working Drawings - Signoff on Fitout Contractor- Monitor Authority Approval- Handover to Tenant for Fitout - No Objection Letter- NOC for Construction- Monitor Opening
Finalize Tenancy Review
Pursue Tenancy BCC
Monitor Defect Rectification
Finalize Grey Box Definition
Initiate Grey Box Definition
Grey Box Definition Induction
Review & Endorse Consultancy
Contracts
Review & Endorse Consultancy
Contracts
Maintain Suite of Contracts
Grey Box Definition Induction
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