Capital Project Planning Toolkit
5 tools to educate project sponsors on the true costs and processes of capital projects
Key Insights
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While academic project sponsor input is critical to completing capital projects, effectively incorporating their feedback is difficult to balance with the project budget and timeline. Furthermore, most project sponsors are involved in only one or two capital projects, boosting unrealistic expectations about costs and processes.
Ideally, project managers (PMs) and facilities leaders use early conversations to calibrate expectations; however, many campuses report their PMs are stretched across many projects.
This toolkit is designed to simplify conversations between PMs and campus stakeholders. It offers five tools to help facilities staff better educate sponsors about capital projects.
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