Benefits of a superyacht project manager

Written by Michael Henson

Last updated: 28/06/2016

Building or refitting a yacht is a huge undertaking. The process can last years and cost millions both of which can spiral out of control if not correctly managed.

No doubt, most have heard of those nightmare stories where superyachts have commenced a routine refit that should have taken a few months and cost a relatively small amount, and due to poor project management, costs have doubled along with the refit time resulting in the owner trying to sell the yacht and abandoning their dream.

Click here to find a yacht project manager in your area

Yacht in shipyard undergoing a refit

Why spend money on a superyacht project manager?

A yacht project is likely to be hundreds, if not thousands of miles away from where the owner will be based and they will generally be too busy to allocate time to their project, so they need a project manager to ensure that the their money is getting spent efficiently and to the right timescale. Thousands of decisions will need to be made before the yacht even touches the water, so having someone available focusing entirely on the competition of that yacht speaking on the owners behalf is paramount.

Benefits of a superyacht project manager

The owner’s vision

An effective project leader is often described as being the owner’s eyes and will act solely on their behalf. They will identify any issues that might complicate a project and guide it the best possible way to suit their client and avoid difficulties.

Good communicator

The ability to communicate with people at all levels is essential. Project management calls for clear communication about goals, responsibility, performance, expectations and feedback. They must have the ability to effectively negotiate and use persuasion when necessary to ensure the success of the team and project.

A project manager would also be expected to communicate with the captain and crew and possibly delegate work to crew.

Cool under pressure

In a perfect world, projects would be delivered on time, under budget and with no major problems or hurdles to overcome. However in reality, this is rarely the case; a project manager will need to take obstacles/sudden changes in their stride.

Problem solving skills

Excellent problem-solving skills will always be needed on such large-scale projects.  An experienced project manager can identify in advance any issues that might complicate a project and guide it to the best possible outcome.

They don’t supply “in-house” or “preferred” tradesmen

Client appointed project managers should offer you a completely unbiased and impartial selection of the best-suited specialists for the jobs required at the correct price.

A project manager should be embraced as a partner and an additional tool working for you in the yard, adding value to the vessel’s work period.

Always appoint your own project manager

Shipyards usually appoint their own project manager to a build or refit, but the yard-assigned project manager will naturally be representing and be more biased to the yard’s interests, rather than the owner’s, so it is recommended that the owner appoints their own project manager or representative who acts solely on their behalf.

Click here to find a yacht project manager in your area

Refit Sky Scraper

A guide on the benefits of a superyacht project manager

Benefits of a superyacht project manager
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Benefits of a superyacht project manager

Written by Michael Henson

Last updated: 28/06/2016

Building or refitting a yacht is a huge undertaking. The process can last years and cost millions both of which can spiral out of control if not correctly managed.

No doubt, most have heard of those nightmare stories where superyachts have commenced a routine refit that should have taken a few months and cost a relatively small amount, and due to poor project management, costs have doubled along with the refit time resulting in the owner trying to sell the yacht and abandoning their dream.

Click here to find a yacht project manager in your area

Yacht in shipyard undergoing a refit

Why spend money on a superyacht project manager?

A yacht project is likely to be hundreds, if not thousands of miles away from where the owner will be based and they will generally be too busy to allocate time to their project, so they need a project manager to ensure that the their money is getting spent efficiently and to the right timescale. Thousands of decisions will need to be made before the yacht even touches the water, so having someone available focusing entirely on the competition of that yacht speaking on the owners behalf is paramount.

Benefits of a superyacht project manager

The owner’s vision

An effective project leader is often described as being the owner’s eyes and will act solely on their behalf. They will identify any issues that might complicate a project and guide it the best possible way to suit their client and avoid difficulties.

Good communicator

The ability to communicate with people at all levels is essential. Project management calls for clear communication about goals, responsibility, performance, expectations and feedback. They must have the ability to effectively negotiate and use persuasion when necessary to ensure the success of the team and project.

A project manager would also be expected to communicate with the captain and crew and possibly delegate work to crew.

Cool under pressure

In a perfect world, projects would be delivered on time, under budget and with no major problems or hurdles to overcome. However in reality, this is rarely the case; a project manager will need to take obstacles/sudden changes in their stride.

Problem solving skills

Excellent problem-solving skills will always be needed on such large-scale projects.  An experienced project manager can identify in advance any issues that might complicate a project and guide it to the best possible outcome.

They don’t supply “in-house” or “preferred” tradesmen

Client appointed project managers should offer you a completely unbiased and impartial selection of the best-suited specialists for the jobs required at the correct price.

A project manager should be embraced as a partner and an additional tool working for you in the yard, adding value to the vessel’s work period.

Always appoint your own project manager

Shipyards usually appoint their own project manager to a build or refit, but the yard-assigned project manager will naturally be representing and be more biased to the yard’s interests, rather than the owner’s, so it is recommended that the owner appoints their own project manager or representative who acts solely on their behalf.

Click here to find a yacht project manager in your area

Refit Sky Scraper