What does "phasing" mean in the context of subdivision development?

Phasing in the context of subdivision development refers to the practice of dividing the overall project into manageable stages. This approach allows developers to systematically plan and execute the development, often based on financial considerations, market demand, or logistical concerns. By breaking the project into phases, developers can focus resources effectively, monitor progress more closely, and make adjustments as necessary before proceeding to the next stage. This method also enables the gradual introduction of new homes or facilities to the market, which can be beneficial in terms of sales strategy and maintaining financial stability throughout the development process.

Other options, while relevant to construction management, do not align with the specific concept of phasing, which is critical for ensuring that a subdivision can be developed efficiently and effectively over time.