Friday, March 3, 2017

CBRE: Developing a total project budget for a healthcare capital project

Sports fans may be familiar with the thought process that winning cures all. Teams who win are rarely subject to the locker room sniping and drama that losing teams often face. Similarly, staying within budget on your major capital expansion project also cures many problems. Nothing is more distasteful to a CEO or CFO than having to go back to the board and request additional funds. The list of issues that come into play when you materially exceed your budget is a long one; however, that is not the focus of this article.

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