Session Detail

« Conference  //  « Session Listings By Day

Wednesday, September 18, 2019  |  8:15 AM - 9:15 AM

Open to Conference Attendees Only

How Much Escalation is Enough?

Patrick M. Casey
Executive Director – Facilities Operations, Planning & Real Estate, University of Mississippi Medical Center
Eric Gunn
Chief Preconstruction Manager, Brasfield & Gorrie L.L.C
Bradley Pollitt, AIA
Vice President, Facilities, UF Health Shands Hospital
Rania Sadrack
Principal/Director of National Healthcare Strategy, TLC Engineering Solutions

One of the most difficult parts of determining a budget for a project is determining how much escalation to apply to the cost estimate. The construction industry has recently seen a rapid escalation in pricing, plus challenges concerning supply and demand for the required goods or services. The panelists will share a number of factors driving escalation in their region as well as challenges they are facing with limited resources. This panel discussion will explore the various ways of coping with these challenges.

Learning Objectives:

  1. Understand the number of factors driving project cost escalation
  2. Better understand the factors contributing to the limited resources needed for projects
  3. Understand how to provide better cost estimates of construction projects
  4. Learn various methods of coping with the challenges of project cost escalation and limited resources
SESSION FOCUS AREAS: = Generative Space = NOAH