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 This 1-hour session will provide you with a solid introduction to project cost forecasting best practices and application, as well as outline key benefits and define the first steps you can take to get started doing project cost forecasting today.
Key takeaways include:
Challenges to Efficient Cost Forecasting
- Settings protocols everyone must use
- Getting everyone to use the protocols
- Helping staff believe in the value of their hard work
- Taking the time to use the data
Getting Started with Cost Forecasting
- Protocols & Implementation
- Identifying specific ‘Bucket Minders’
- Clearly defining scope
- Reviews exposures – Identify Risks – Allocate Funds
- Updating continually
- Setting Policy and Protocols
- Benchmarking
Additional Advantages of Detailed Forecasting
About the Speaker
While working at AECOM, a global company providing services to the facilities, environmental and transportation industries and the federal government, Ron provided executive leadership and direction for the firm’s healthcare services as well as management of the planning, design and construction of capital projects for specific clients. Ron is currently an Associate Director with Navigant Consulting. Ron earned his Bachelor of Arts degree from Grove City College in western Pennsylvania and has 34 years in the planning, design and construction industry with the last 20 dedicated to healthcare and higher education clients.
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