Name
Funding & Administration Track: UPDATED SESSION: Creatively Managing Project Costs
Location Name
Savannah A, 10th Floor
Date & Time
Monday, February 17, 2020, 1:00 PM - 2:15 PM
Description

Moderator: Charles Messamore, Senior Consulting Director, Vizient, Inc.

Panelists: Isaac Larson, Executive Director, Enterprise Facility Services, Froedtert Health; Lance Mendiola, VP, Facilities Management and Construction, CHRISTUS Health; and Spencer Seals, VP, Construction and Real Estate, Cook Children's Health Care System

Healthcare construction projects have a fixed budget that often doesn’t cover every cost. This session will cover strategies to manage new construction project costs, including scope control, time management, standardization versus customization and much more. This panel of healthcare executives who recently finished major construction projects will discuss their insightful take-aways on managing project costs.  

Learning Objectives: 
1. Describe how to evaluate each expenditure on what you can afford and not only on what is desired.  
2. Explain how change management and scope control can reduce unnecessary costs.  
3. Identify strategies to determine where choosing standardization over customization can reduce costs. 
4. Evaluate how consistency and equity are key factors in project cost planning.   

View Presentation