the investor. The result is 10 to 20%
cost savings compared to the general
contractor construction management
method. At the same time, the project
duration is reduced because there is no
need to tender for a general contractor.
Its major advantage is greater flexibility
- the investor can gradually incorporate
changes when selecting subcontractors,
thus being spared lengthy negotiations
with the general contractor on changes to
the signed contract.
How do you minimize the risks associated
with your projects for investors?
We manage risks and discover opportunities
for our investors. We significantly protect
their total investment costs. Strategy
implementation is a fundamental tool, with
the biggest risk being in project preparation.
That's why we dedicate the utmost care to it
- building comprehensive teams of experts,
managing proposals to the maximum budget
and applying value engineering principles.
Of course, we have a number of clients that
we help in the more advanced stages of
a project, just before construction begins or
we solve problems during the construction.
Even in these situations, risks can be
managed. That is, to be able to identify and
name them, to propose solutions and to
have the ability to implement solutions.
How do you integrate sustainability
and environmental responsibility
into your strategy?
We understand that the future of the
real estate market is connected with ESG
reporting requirements. We believe that
the market value of real estate will become
increasingly dependent on the energy
efficiency of the buildings. For buildings
older than 5-15 years, we recommend
conducting an energy feasibility study and
responding to changes in the market. This
is because neither tenants nor investors,
especially from global companies, will be
willing to accept energy inefficient buildings
in their selection process anymore. This will
be reflected in the rent and market value of
the building. Our goal is therefore to create
properties that are attractive to tenants
and investors while contributing to a more
Mr. Semrád, thank you for the interview.
has been providing project
management services in
the construction industry
since 2013. It has services for
all phases of construction and
development projects needed
for project management from
A to Z. The OM Consulting
team consists of experts in
technical due diligence and
bank monitoring; architecture
and design; cost management;
project management and
Since its inception,
the Prague-based company
has participated in projects
and orders in the Czech
Republic worth tens
of billions of crowns.
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