Capital Project Risk Management Strategies

Presented by Guillermo Ramos, UT Southwestern Medical Center

This podcast highlights some of the risk management strategies that UTSW has adopted to ensure effective and efficient management of project changes (budget changes/change orders) to minimize risk and potential cost overruns.

"At any point in the project life there could be 50-100 PCs or change orders...
not knowing which ones impact the cost or schedule is a huge risk for the owner"

These processes, enabled through e-Builder, allow UTSW to handle project changes (budget changes, change orders, other) in a structured, methodical way that provides visibility to stakeholders on all potential risks in time to take corrective steps to avoid cost overruns.

For more information regarding this and other podcasts, contact us today.