Through our history of involvement with a wide variety of capital projects, our Commission has identified the core issues that must be addressed by organizations to determine a project's chances of success. By focusing on these areas, your organization will create a realistic, sustainable project that will add to your organization's success.
A project is more likely to be successful and benefit both the organization and the community when the following six key questions can be answered affirmatively with supporting information that is detailed, accurate and specific.
- Does the organization have a clearly defined mission and practical programming goals, and is this project compatible with those goals? Do these goals respond to community needs?
- Can the organization generate the community support, contributions and revenue needed to complete the project and succeed in the resulting facility?
- Have the planners of the facility considered the physical planning characteristics that are most likely to result in community revitalization?
- Has the organization adequately planned for the full scope of the project? Have architectural and construction plans, project administration, true financial costs, funding, cash flow, start up, and consequent demands on the organization been adequately addressed by the plan?
- Does the organization have the managerial skills and financial readiness to complete the project, continue to operate the facility, and meet their programming goals into the future?
- Is the proposed project realistic and viable over the long term?
For further details on planning a successful capital project, please refer to our Project Planning and Assessment Guide. Additional planning tools and information are available on our Resources page.
