Session Details

2024 Construction Cost Trends and What They Mean for Facilities Leaders

Start Time:

3/12/2024 10:45:00 AM

End Time:

3/12/2024 11:45:00 AM

About this session:

At the start of 2024, facilities professionals continue to navigate the persistent challenges of inflationary pressures on project costs, supply chain constraints, and material and labor availability. In this presentation, industry experts from Gordian will share insights on the latest cost trends from RSMeans Data, the factors influencing construction costs across North America and how cost volatility will affect facilities management. They will also dive into the significant facilities management challenges posed by unpredictable material, labor and equipment costs, global supply chain constraints and increased demand for materials, so attendees gain a data-driven understanding of cost dynamics. This thought-provoking session will equip facilities leaders with the insights they need to make informed decisions about budgeting, building and maintaining your facilities and physical assets.

1. - Insights into the current dynamics shaping construction costs
2. - In-depth analysis of the latest cost trends using RSMeans Data
3. - Understanding of the challenges posed by unpredictable material, labor and equipment costs
4. - Discussion of emerging project trends

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Future Trends