Show simple item record

dc.contributor.authorMcDonagh, Johnen
dc.date.accessioned2011-02-08T02:06:33Z
dc.date.issued2010-01en
dc.identifier.citationMcDonagh, J. (2010). Critical success factors in land development in New Zealand part 2 - planning, team member selection, project management, sales and marketing methods. In Proceedings of the 16th annual conference of the Pacific Rim Real Estate Society, Wellington, New Zealand, 24-27 January 2010.en
dc.identifier.urihttps://hdl.handle.net/10182/3217
dc.description.abstractThis research aimed to investigate the critical factors that contribute to the success of residential land development in New Zealand. The methodology employed involved reviewing the literature to determine those factors earlier identified as critical by international researchers and then comparing those to critical factors identified in a survey of property development teams active in New Zealand. In the interests of brevity the findings are reported in two papers. This paper focuses on factors relating to the development team. An earlier paper focused on factors associated with the site itself. The findings include the concept of “success” is centered on profitability, timeframes and budgets. While establishment of a development plan and its regular review was identified as critical in the literature, this was not always done in New Zealand. In addition, some projects with plans did not include all the critical elements, while others identified additional critical elements. The development team formation process generally reflected international practice but with a particular emphasis on broad experience. A similar situation applied to development management but it was felt some areas were lacking, in particular clearer identification of the development manager role. Sales and marketing methods were often not put in place until later than ideal and had relatively small budgets compared to that recommended in the literature, but the methods and strategies were similar. Overall the critical factors identified were similar to those found in the literature, but with local adaptations reflecting the relatively small size of local developments and development teams.en
dc.format.extent1-19en
dc.language.isoenen
dc.publisherPacific Rim Real Estate Society.en
dc.relationThe original publication is available from - Pacific Rim Real Estate Society. - http://www.prres.net/en
dc.source16th Pacific Rim Real Estate Society Conference Proceedingsen
dc.subjectdevelopmenten
dc.subjectresidential subdivisionen
dc.subjectsuccess factorsen
dc.subjectplanningen
dc.subjectteam selectionen
dc.subjectproject managementen
dc.subjectsalesen
dc.subjectmarketingen
dc.titleCritical success factors in land development in New Zealand: part 2 - planning, team member selection, project management, sales and marketing methodsen
dc.typeConference Contribution - Published
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Land Management and Systemsen
pubs.finish-date2010-01-27en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/LAMS
pubs.organisational-group/LU/Research Management Office
pubs.organisational-group/LU/Research Management Office/QE18
pubs.publication-statusPublisheden
pubs.publisher-urlhttp://www.prres.net/en
pubs.start-date2010-01-24en
lu.identifier.orcid0000-0001-9122-9270
lu.subtypeConference Paperen


Files in this item

Default Thumbnail

This item appears in the following Collection(s)

Show simple item record