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 […]
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.
