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Mebibo Company Incorporated
Mebibo Company Incorporated – www.mebibo.com
COMPANY DETAILS
MEBIBO COMPANY INCORPORATED Office Address
Unit 1100 – Eleventh Floor
88 Corporate Center Building
Sedeno corner Valero Streets, Salcedo Village
Makati City 1227, Metro Manila, Philippines
Fax Number: (632) 908-2555
Phone Number: (632) 908-2588
Mobile Number: 63-918-963-2426 or 63-918-9MEBIBO
63-917-509-2989
Website: http://www.mebibo.com/
About the Company Name – ‘MEBIBO’
The name MEBIBO is an acronym for the fullname of the original incorporator
and business partner of the company – Medardo Billedo Borce.
The brand – “MEBIBO” – is registered and protected under the Bureau of
Trademarks copyright law of the Republic of the Philippines.
Industry / Company Background
Mebibo Company Incorporated is into the real estate services industry.
The company caters to varied type of clientele. It provides management
and consultancy services as an integrated / one-stop real estate solution.
About the Topic - Practical Project Management in Real Estate Development
It is a series of newsletter publication contributed by Mr. Medardo B. Borce.
Mr. Borce is a licensed real estate broker duly recognized by the PRC-PRBRES
(Professional Regulation Commission – Professional Regulatory Board of Real
Estate Service) of the Republic of the Philippines with registration number
REBR – 0000242.
Mebibo Company Incorporated
Mebibo Company Incorporated – www.mebibo.com
Practical Project Management in Real Estate Development
A real estate property is a capital that yields valuable profits over time. Some of the
factors that affect property value are Location, Structural Finish, Aesthetic Features,
Facilities/Amenities and/or Services, General Surroundings and Economic and/or
Political Condition. All of these stages undergo a planned and coordinated project
activity.
And what are these dependencies that affect the timeline, cost and output of a project?
These dependencies are human, capital, engineering process, innovative technology
and sustainable solutions. All five major components are essentials in the smooth
execution of a practical project management in any real estate development.
A project is a unique endeavor undertaken to deliver a result, output, product or service.
It focuses on efficiency, concurrent to timely delivery of a product or service. Project
Management is the coordinated approach to a project activity that consists of overall
action plan, baseline and budget.
Project management is the application of Knowledge (Time Management), Skills
(Proficiency in using Applied Techniques), Tools (PRIMAVERA, PERT-CPM, GANNT
CHART) and Techniques (Activity) to project activities to meet project requirements.
In the real estate industry more in particular in the development undertaking, a project
management comprises among others the Financial Planning, Legal Preparation,
Engineering, Marketing and Construction all put up altogether as a complete project
plan. In the phases of construction activities, project management follows the discipline
of Design Phase (including pre-design), Construction Phase (including pre-construction
bidding) and Post-Construction Phase (property management).
There are many types of real estate development that go into the cycle of project
management activity. Among these finished products of a real estate development
activity are residential building, office/commercial/industrial building, apartel, condotel,
hotel, motel, terminals/ports (land based terminal, airport, seaport), town sites, resorts,
warehouses, depots, farm lots, theaters, commercial malls, industrial estate, schools,
recreational parks, yacht clubs, fire stations, post office, hospitals, golf courses, country
clubs, exhibit centers, coliseums, memorial parks, columbarium, zoo, etc.
Mebibo Company Incorporated
Mebibo Company Incorporated – www.mebibo.com
Practical Project Management in Real Estate Development
The different expectation of all stakeholders in the delivery of the result, output, product
or service is also under the context of project management. The life-cycle phases of a
project begin with the interaction between process groups starting from the Selection
(Initiating), Concept (Planning), Development (Executing), Implementation (Controlling)
and finally the Close-Out (Delivery).
Once all the resources are put in place (land, labor, capital), the stage is set for the
project management activity to commence in the real estate development phase. The
many types of property development needs the services of different professionals such
as but not limited to: Civil Engineers, Electrical Engineers, Mechanical Engineers,
Geodetic Engineers, Architects, Landscape Artists, Environmental Planners, Licensed
Real Estate Brokers, Marketing Specialist working as a team, Ecologists, Financing
Specialists, Taxation Experts, etc. All of these human resources are under the general
scope of project management.
We are abound with so many Filipino talents that espouses the use of green and
recyclable materials and architectural ideas in designing sustainable green living.
Innovations in many areas such as water efficiency management, renewable energy and
atmosphere, recyclable and resilient construction materials and resources, indoor
environmental quality and design process, are all in the advance state of awareness that
are already gaining wide acceptance in our country, the Philippines.
We should always keep in mind that Earth’s nature is finite in resources which require
wise planning through common sense by keeping abreast of the facts using practical
management approaches and innovative technologies to create long-lasting sustainable
solutions.
Mebibo Company Incorporated
Mebibo Company Incorporated – www.mebibo.com
As I may quote from the Bible scripture of Proverbs 24: Verses 3,4 – “Any enterprise if
build by wise planning, becomes strong through common sense and profits wonderfully
by keeping abreast of the facts”.
Do you agree?
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Practical Project Management in Real Estate Development is contributed by;