Kallan Carabott, the dynamic founder of project management company Project Sync, shares insights on the firm’s meticulous vetting process, adaptive management strategies, and innovative approaches to off-the-plan developments. Join us as we explore the journey and philosophy behind one of the project industry's visionaries.
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Inside Project Sync
10 October 2024
Background story leading to the inception of Project Sync
I started my entrepreneurial path at a very young age, entering the building world at 18 years old through my endeavours in the construction and architecture sectors. This is where I picked up crucial skills that have aided me throughout my career. In an attempt to gain a foothold, I even offered to work for free. However, my transition into client-side project management is where I truly found my calling and identified a significant market need. Working in the building industry and learning the ropes gave me the confidence to be my best and take on the world of client-side project management. I was just 26 years old when I started SYNC Project Management, and I have always been a very hungry entrepreneur. This drive has now led me to the launch and success of Project Sync.
Approach to vetting new projects
At Project Sync, our approach to vetting new projects involves a detailed assessment process to ensure each project aligns with our core values and capabilities. We start with a feasibility and yield study to evaluate the project's viability and potential returns. By laying a solid groundwork, we ensure that projects can be executed smoothly from the very beginning.
Adjusting our approach for different types of projects
We tailor our approach based on the specific requirements of each project, utilising different team structures and modifying the planning process as needed. For instance, we may employ specialised project managers or consultants for certain phases, such as town planning or procurement management. We adapt our development management strategies to coordinate construction activities effectively, ensuring projects are completed on time and within budget. This customised approach allows us to address the unique challenges and needs of various types of projects, whether they are residential townhouses, aged care facilities, or large-scale apartment projects.
Evolution and current project management philosophy
Although relatively new in the market, we’ve experienced early success in a challenging environment. Project Sync has evolved by continuously refining our project management practices based on insights gained from past projects. This evolution is reflected in our current philosophy, which emphasises comprehensive planning, risk management, and value maximisation. Our process includes detailed feasibility studies, strategic procurement, and robust risk management to avoid delays and cost overruns. These insights have shaped a philosophy focused on delivering high-quality projects that exceed client expectations and industry standards.
Innovations in project management for off-the-plan developments
Looking ahead, I see several innovations in project management that could significantly impact off-the-plan developments. These include advancements in digital twin technology, which can enhance planning and visualisation, and the integration of more sophisticated risk management tools to better predict and mitigate potential issues. Additionally, innovations in procurement and value management are expected to improve cost efficiency and project quality, ensuring that off-the-plan developments can be delivered more effectively and sustainably.
LEARN MORE – www.projectsync.com.au
