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4 things you need to know about yacht project management

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Why a project manager is essential

Building a superyacht is by no means a simple process, with construction, legal and insurance implications all to weigh up. For this reason, employing an experienced and impartial project manager is essential. To find out more about what this role involves, Boat International spoke to Peter Wilson of MCM in Newport, who are the operational managers of Sybaris (pictured above) and are currently managing the construction of a 58 metre Vitruvius-designed Feadship, which is due for launch in early 2019.

“When a client commissions a large yacht project, he would be ill-advised not to engage the services of a knowledgeable and staunch advocate; someone entirely familiar with what is customary within the superyacht building sector but also fiercely independent with no commercial relationships with builders or vendors,” Wilson argues.

“The underlying responsibility of the project manager is to give guidance and protect the client’s best interests in terms of yard and equipment selection, cost versus value, design, materials and construction decisions. These are all choices that will affect his and his family’s use and enjoyment on board.

“His responsibility is to furnish the owner with undistorted advice without conflict of interest, which gives the owner the confidence to make educated decisions. Adhering to these standards will result in much higher degree of likelihood in achieving an on-time, on-budget vessel that meets (and hopefully exceeds) his expectations.”

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