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Strata Tip #78: Sinking fund – Use a project manager for big projects

Large projects within multiple areas of common property and / or lots can involve complicated legal and construction issues.  As a general rule of thumb once you have more than two consultants working on a project (plus the body corporate on behalf of the ownership group) then you need a project manager.  While there will be an additional expense, its remarkable how often a project manager will pay for themselves through reducing costs, bringing the project in on time or helping you get the project back on track if there is a problem.