An accurate budget for healthcare facilities construction helps prevent cost overruns

Accurate estimating must include an accounting of the realities of the environment


The accurate estimating of healthcare facilities construction must include an accounting of the realities of the environment where the project is constructed, according to an article on the FacilityCare website.

Facilities budget estimators must account for site-specific issues such as ongoing healthcare operations, aging buildings, environmental issues, matching existing construction, noise limitations, the weather, access and egress to the site, time constraints, unrealistic customer demands, sterile environments, the availability of labor and phased construction. 

To ignore the context is face project cost overruns. It is inevitable: actual costs will overrun budgeted costs if the baseline budget is incorrect to begin with, the article said.

It is better to accept the true reality cost of a project with the shock of a higher than “expected” estimate than to deal with it later in cost overruns.

Read the article.

 

 



June 3, 2015


Topic Area: Project Management


Recent Posts

EV Charging Station Design: Ensuring Patient Access

The question is not whether to install charging infrastructure — the organization eventually will have to — but how to do it without disrupting patient care.


Sanford Health and Prairie Lakes Healthcare System Merge

Prairie Lakes Healthcare System will transition to the Sanford Health name and brand while preserving and expanding health services across the communities it serves.


Sedgebrook Falls Victim to Data Incident

The organization detected the event on May 5, 2025.


How Efficiency Checklists Help Hospitals Save Energy, Water and Money

Keith Edgerton explains how a simple, systematic tool can help healthcare facilities identify savings, support sustainability goals and reinvest in long-term decarbonization.


Designing with Heart: Seen Health Center Blends Cultural Warmth and Clinical Care

Case study: The Alhambra-based facility uses Wilsonart Woodgrains to create a space where comfort, tradition and durability come together for an elevated senior care experience.


 
 


FREE Newsletter Signup Form

News & Updates | Webcast Alerts
Building Technologies | & More!

 
 
 


All fields are required. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.