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10 Ways To Reduce Facility Construction & Renovation Costs

Facilities managers are constantly under pressure to reduce the ever increasingFacilities Management and Construction
cost of building and maintaining their properties. Often times, it comes down to making difficult decisions over competing priorities and discerning the difference between needs and wants. “Should I scrape by with what I need today or try to justify to senior management why we should invest more now, in order to be able to more easily accommodate future growth?”

Many decisions come down to preparing and presenting a strong return on investment (ROI) case, but even then, the financial equation is highly subjective.

This article doesn’t attempt to help you make decisions on where you should cut corners versus where you should invest. Rather, it takes a look at the facility engineering design, construction and maintenance life-cycle from a high level and holistic view and focuses on key processes and methodologies of project delivery that can have a significant impact on reducing both short and long term costs. Continued