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The Top Six Capital Planning Best Practice Tips
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What used to take me hours now takes me just minutes. I can plan and schedule my job again.
No longer am I searching the web for the right resource, files.construction has all of the documents I need to do my job.
Each of my teams now uses the same documents across their projects - keeps us all on the same page.
Today’s economy demands efficiency. Capital projects must be carefully selected and executed in the most cost-effective manner possible. A well-planned program minimizes the chance of poor decision-making, which promotes program cost reductions, more efficient use of the available manpower, tighter funding controls, and encourages a culture of trust between stakeholders and executives.
In the following, we’ll define some of the most common complications to creating and maintaining a quality capital plan. We’ll also outline a series of industry best practices that will enhance your planning process and help you avoid the most common capital planning pitfalls.
01 – General
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