StructureTec Group’s Building Construction Technology
Educational Center (BCTEC) hosted a webinar on April 16th on the
topic: “Are Your Projects Shovel Ready?”
In case you missed out, shovel ready essentially means that
your projects are ready to start as soon as funding is approved. Ensuring your
projects are shovel ready gives you a much greater chance of not only getting
budget approval, but completing your projects on schedule.
As discussed in the presentation, there are six strategies
that ensure your project is shovel ready.
1.
Define the
project. You can do this by performing regular condition assessments and
preparing a list that is ranked based on a well-defined condition index. It is
also helpful to have a risk index prepared.
2.
Define
the budget. Define your budgets based on recommendations and course of
action. It is helpful to include unit pricing with estimates that are based on
current average pricing information.
3.
Get the
specs ready to go. Allow time to develop the project manual. This can be a
time consuming process, ensuring it is completed will give you a head start on
getting your project completed.
4.
Select
the right team for the project. Selecting the right internal and external
team is essential to completing a successful project. In selecting the correct
external team, you should consider a designer and contractor that have a solid
technical understanding of the project, and have excellent team communications.
5. Choose a project delivery method. Between
design/bid/build, design/build and construction management there
are many different advantages and disadvantages. Have a method researched and chosen
that will be the best fit for your project.
6. Have the financial impact ready for CFO
review. Be prepared to show impact for prioritization, cost reduction and
sustainability.
If you missed the webinar, you can watch the presentation here.
