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Idea Fair

Capital Projects Checklist

Description

The checklist for large capital projects has ensured that cost and schedule controls for capital projects are maintained and that proper accountability is tracked throughout the life of the project. Just as important, the checklist by its nature achieves buy-in by the Board and all claimants so there are no surprised or misunderstood expectations of the cost, schedule and end-product.

Implementation

The checklist has been used with a proven track record of success. The club members have fully embraced the approach because it ensures transparency at all phases of the project and ensures cost is controlled so that approved budgets are adhered to. The checklist is also integrated into the overall project schedule so that stated milestones are established and defined.

About the author

Patrick King

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