United States

Higher Education Construction: Key challenges facing college and university capital investment

Jul 27, 2015
From the Government Institute

In an increasingly competitive higher education market, institutions are focused on improving facilities such as dormitories, faculty offices, dining halls, academic buildings, laboratories, athletic facilities, and other campus infrastructure to attract and retain high-quality students and faculty. However, capital spending at most colleges and universities represents a significant allocation of finite resources as federal and state funding for higher education has declined in recent years.

Whether they face funding challenges or not, institutions can better leverage capital funds by implementing long-range capital planning, project prioritization, and project management control processes to execute large capital projects.

KPMG's Higher Education, Research & Other Not-for-Profit and Major Projects Advisory practices developed a white paper to assist institutions with their internal management processes for planning, managing, and delivering capital projects.


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