Development practice
Development Partnerships
Partnership delivery needs clear decision rights.
Landowners, investors, consultants and contractors work more effectively when objectives, reporting, responsibilities, risk and escalation are defined before the project becomes difficult to change.
Agree the objective
The parties should understand what the project is trying to achieve, the evidence behind that case and the conditions that would cause the strategy to be reviewed.
Set roles and reporting
Responsibilities, approval thresholds, meeting cadence and information requirements should fit the partnership structure. Informal expectations are difficult to manage once money and programme are committed.
Keep risk visible
Changes in title, planning, cost, programme, procurement or market assumptions should reach the people with authority to respond. Reporting is useful when it supports decisions, not when it only records activity.