Projects Save Money with Smarter Planning

Smarter planning is a means to save your company money. It is a strategy by which we avoid making tradeoffs in time, cost, and quality. But don’t just take our word for it. Here are examples of real life projects completed under budget. Smart planning works across all sizes of projects. Better planning makes better […]

Written by Touchplan | March 7, 2016

Smarter planning is a means to save your company money. It is a strategy by which we avoid making tradeoffs in time, cost, and quality. But don’t just take our word for it. Here are examples of real life projects completed under budget. Smart planning works across all sizes of projects. Better planning makes better results. Better results mean more money in your pocket when the job is done.

 

Project Budgeted Actual Cost % Saved
Seattle Children’s Hospital 110,000,000 79,000,000 28
Orlando Chilled Water Plant 6,000,000 5,400,000 10
Toronto Office TI 11,250,000 10,530,000 6.4
       
       

In addition to projects that come within their own budget. It is also possible to compare similar projects with different design systems. The projects below occurred at the same time, in the same city, with the same architect. The only change is the contractors used different delivery models.

 

These are the end results for two hospitals contracted by Universal Health Services.

 

  Traditional Build Smart Build
Beds 54 60
Bid Amount $8,828,677 $8,206,072
Change Requests 30 3
Change Order Costs $677,758 -$36,181
Final Cost $9.5 Mil $8,169,891

 

See the full article here.

Smarter Projects

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