Target Value Budgeting Training

As part of the FDC Stakeholders insight project, Loren Brockway and Michael Horejsi led a discussion on managing project development using target value budgeting for FDC personnel. The duo touched on several topics including thinking comprehensively about all elements that drive success through the entirety of a project. It’s all about aligning the budget to the scope and the basis of design earlier to avoid rework later and for the project managers and estimators to collaborate through the entire process.