Improving Capital Project Prioritization at
Your Institution

Last updated May 31, 2017

Improving Capital Project Prioritization at
Your Institution

Last updated May 31, 2017

Overview

any institutions continue to prioritize capital projects—student life, academic, or administrative—without assessing their full impact. Learn how you can improve the prioritization of capital projects at your institution by better addressing the ROI associated with each project. You will gain the tactics you need to better:

  • Measure and report full long-term impact of project cost projections
  • Tie ROI considerations to your institutional strategic plan
  • Establish a more informed, dynamic capital project prioritization process

Throughout this event, you will see examples of project prioritization matrices and leave with a foundation-level model for ensuring that you are embarking on the right capital project for your institution.

Who should attend?

This event is most beneficial through team attendance. Representatives from capital planning, facilities and business offices can collectively learn how a holistic capital planning effort can strengthen your capital project prioritization process.

Agenda

  • Comprehensive Assessment of Capital Project Goals
    • Project delivery implications
    • Campus infrastructure and indirect costs – what are we prepared to do now?
    • Forecasting ongoing project costs – what are we prepared for later?
  • Keys to Rethinking Capital Project ROI
    • Aligning ROI with strategic plan
    • Establishing ROI criteria distinct to your institution
    • Considering criteria weights
  • Keys to Strategic Project Prioritization – Utilizing Your Criteria
    • Prioritizing renovation and expansion – University of Delaware Model
    • Prioritizing new projects – developing your institutional model