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    Measuring Success: Managing Project Costs in Difficult Financial Times

    Wednesday, April 5, 2023
    4:15 PM – 5:15 PM  
    Room: 1A/1B
    Eligible for 0.1 CEUs
    Session Description: Inflation, rollercoaster interest rates and a potential recession are making it difficult to calculate the ROI on a project. Runaway costs can dampen a project’s outlook even before it opens. This session will offer practical strategies for managing costs to maximize the potential for a successful facility. The panel will use recent projects to illustrate approaches for financing, as well as creating a process to manage costs in difficult times and set reasonable cost recovery expectations. The session will explain how to navigate inflation, interest rates and a potential recession while programming a new project.

    Learning Objectives:

    • Understand practical strategies for managing costs to maximize the potential for a financially successful facility.
    • Understand how to program facilities for success by addressing the needs of the broader community.
    • Understand development costs for your project and how to strategize cost management during difficult times.