Aug 5 2008
e-Builder, a provider of web-based capital program management and collaboration software, will host a webinar titled "Reducing Construction Project Costs in Tough Economic Times" on August 28th at 1 p.m. EDT, and led by Mr. Tom Koulouris, CGC, MBA, MHA, co-founder of Kolouris-Freyer, a South Florida Program Management Consultancy. Mr. Koulouris will discuss owner driven initiatives that focus on error reductions and effective due diligence during the planning phase, and how these provide savings of 10-15% off the total project cost. Registration is limited to professionals in the construction, architecture, and engineering industries. To register please visit https://www1.gotomeeting.com/register/385592178.
As part of the discussion, Mr. Kolouris will talk about the strategies owners can undertake to deal with the variables that remain within their control in light of rising labor issues and materials costs. These strategies include the use of business processes and tools that allow their organizations to track, measure, and control costs from project kickoff through occupancy. Based on research and findings that make up his "Speed to Market" process, Mr. Koulouris will also delve into the challenges associated with low-bid vs. negotiated contracts, and the strategies owners should focus on to effect tangible and measurable project cost savings.
- Understanding project cost vs. construction cost, the variables within owner control, and how to control these variables.
- The project plan - the 3 most common pitfalls that result in higher project cost.
- Winning strategies for planning and scope definition.
- Effective forecasting of project costs to take corrective action.
- Decreasing contingency early in the project.