You’ve gotten approval to move forward with a facility build at your higher education institution. Congratulations! Or maybe you’re just starting the process and are preparing to get approval. Either way, there is a lot to consider and many financial challenges that can arise throughout the project.
It isn’t uncommon to hear horror stories about university deans and leaders getting let go because a facility project ran over budget. This is especially stressful when there are so many unknowns to consider during the budgeting, planning and building processes.