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.

 

ProjectBudgetedActual Cost% Saved
Seattle Children’s Hospital110,000,00079,000,00028
Orlando Chilled Water Plant6,000,0005,400,00010
Toronto Office TI11,250,00010,530,0006.4
    
    

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 BuildSmart Build
Beds5460
Bid Amount$8,828,677$8,206,072
Change Requests303
Change Order Costs$677,758-$36,181
Final Cost$9.5 Mil$8,169,891

 

See the full article here.

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