This real estate project management process development planning defines projects as temporary and one-of-a-kind endeavors that necessitate hiring a quick team and completing a series of tasks within a specified timeframe. A project manager brings together all of the disparate pieces of a project, ensuring that the various phases of work are completed efficiently and within a predetermined budget. A project manager is sometimes not designated or given a title. Still, the result of a project manager is achieved under the purview of someone within an organization or a given project. You obtain a loan, conduct property research, select and bid on a property, inspect it and get insurance, negotiate the purchase, close on the purchase, and move into the space.