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
