Construction Research Congress 2020
Evaluation of Resilient Practices for Capital Project Planning under Variable Budget Constraints
Publication: Construction Research Congress 2020: Project Management and Controls, Materials, and Contracts
ABSTRACT
Capital project planning is critical for project owners to decide how to allocate limited resources to meet the project needs for public universities in the U.S. It is an iterative process for planners to accommodate different project goals, while the budget realization is uncertain due to reasons such as unexpected funding cuts and weak justifications for funding requests. When funding levels are uncertain, public owners may have to follow alternative planning processes with practices that enable the planning outcome to be more resilient under variable budget constraints. This study defines the implications of resilience in the context of capital project planning. The budget issue is addressed via two criteria of planning resilience: integration of planning needs and variability of requested budgets. We develop a conceptual framework that encompasses these two criteria to evaluate the resilience of planning practices against potential budget cuts. Literature review and interviews with architects and planners from a public university were conducted to identify resilient planning practices that can be implemented when funding is uncertain. Lastly, whether the planning practices resist the project’s vulnerability of variable budget constraints will be evaluated using the proposed criteria for planning resilience.
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Published In
Construction Research Congress 2020: Project Management and Controls, Materials, and Contracts
Pages: 105 - 114
Editors: David Grau, Ph.D., Arizona State University, Pingbo Tang, Ph.D., Arizona State University, and Mounir El Asmar, Ph.D., Arizona State University
ISBN (Online): 978-0-7844-8288-9
Copyright
© 2020 American Society of Civil Engineers.
History
Published online: Nov 9, 2020
Published in print: Nov 9, 2020
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