Wednesday, September 18, 2019 | 8:15 AM - 9:15 AM
Open to Conference Attendees Only
How Much Escalation is Enough?
Vice President, Facilities, UF Health Shands Hospital
Executive Director - Office of Planning, Design, and Construction, University of Mississippi Medical Center
Chief Preconstruction Manager, Brasfield & Gorrie L.L.C
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.
- Understand the number of factors driving project cost escalation
- Better understand the factors contributing to the limited resources needed for projects
- Understand how to provide better cost estimates of construction projects
- Learn various methods of coping with the challenges of project cost escalation and limited resources