How Healthcare Architects achieve cost-efficiency
Cost efficiency is critical for the success of any organization. A dollar saved is a dollar earned.
In every healthcare project in Ontario, saving project costs is a significant part of the process as these projects are most often funded through tax-payer dollars. Every design decision made is directly reflected in the amount of money saved. This is also true internally for healthcare architectural firms as an organization.
The level of influence healthcare architects have in controlling project costs is the greatest during early design while their internal resourcing expenditure for providing this service is relatively minimal.
Greatest level of influence exists during early design stages
The McLeamy curve
The McLeamy curve is a valuable tool for healthcare architects to control internal team budgets while delivering projects on time and ultimately contribute to reducing risks of cost-overruns for healthcare organizations. It emphasizes the following:
Upfront resourcing and time management
Healthcare architects invest high-quality internal resources upfront and develop a comprehensive workplan for their internal team to avoid costly changes and delays down the line.
Identifying and Addressing potential risks
Healthcare projects often involve several meetings with multiple stakeholders, including healthcare providers, administrators, patients, and regulatory bodies. By fostering open communication and addressing any potential issues early on, healthcare architects mitigate the risk of costly changes and ensure the project stays on track and within budget.
Flexibility and Adaptability
While it is important to stick to the initial plan as much as possible, unforeseen circumstances may arise that necessitate changes. By being prepared to address these changes in a timely and efficient manner, healthcare architects minimize the impact on the project timeline and budget.
The Mcleamy curve underscores the importance of effective communication and collaboration among all stakeholders involved in the project. By communicating effectively with stakeholders in early design stages, healthcare architects help them make high-impact decisions early in the process.
The McLeamy Curve emphasizes
- Effective Project Management
- Balancing Cost and Quality
- Balancing Resourcing and Operational costs
By understanding the interplay between these constraints, project teams can navigate the complexities of healthcare construction projects, make informed decisions, allocate resources effectively, and mitigate risks ultimately contributing to the improvement of healthcare delivery and patient outcomes.
In conclusion, the McLeamy curve is a valuable tool that helps Healthcare Architects to prioritize and balance time, cost, and quality considerations.