New challenges abound for professionals in construction and project management. It is a crazy new world since the pandemic of 2019 hit. Facing staffing issues and budget shortfalls, budgeting for new projects is especially challenging given supply shortages. Estimating project costs and timelines is a science based on historical data. That all goes out the window when the variables have changed. What is in stock now, may not be in two, three, six months time when needed, or may be in short supply and at a higher cost!

Add to that the soaring inflation and bidding and budgeting become worse than amateurs playing a barroom dart game. CCFM seeks to provide resources that help facility professionals who work for the Catholic Church. Here is an excellent article on Cost Trends from CBRE.

Feel free to share with us what you are doing in your organization (arch/diocesan/ religious institute/school or parish) to budget and plan projects.