Capital projects succeed or fail long before construction begins. The decisions made during planning, entitlement, budgeting, and procurement shape cost exposure, schedule certainty, and long-term asset performance.
This section examines owner-side capital strategy across major renovations and ground-up developments — from bid leveling and delivery method selection to financial visibility, scope alignment, and risk allocation. Projects rarely derail because of isolated mistakes; they drift when tradeoffs are not clearly translated into business terms.
The focus here is structured oversight. By clarifying assumptions early, aligning stakeholders, and exposing cost drivers before they harden, capital projects become informed investments rather than reactive construction exercises.
By Garry Brinton, Contributing Columnist At the beginning of the PSMJ Project Management Bootcamps the attendees usually list the traits of a good project manager. The
For a recent article It’s too Cold! It’s too Hot! – Thermostat Wars in the Workplace, I consulted with the facility manager of a large corporation
What are Leasehold Improvements? Leasehold improvements (also referred to as “build-outs”) are structural changes or alterations to a leased space which are made by a tenant to
For an office to be designed properly, it is important to consider the needs and working relationships of all internal departments and how many people
