|Schedule Delay: 0%
Cost Impacts: 1%
Contractor Change Orders: 0%
Satisfaction: 10 out of 10 vendor
risk rating by Client PM
Type: Construction (CMAR)
Location: Minneapolis, MN
Start Date: November 2011
Completion Date: November 2013
Physics & Nanotechnology Building (CMAR)
The experimental physics and nanotechnology advancement building will provide modern and highly flexible physics laboratory and laboratory support space, and nanotechnology space (including a 5,000-square-foot clean room). All told, the facility will contain 40 new research laboratories.
ASU helped implement the Best Value Model for risk management during project planning and delivery with successful; results. Adhering to this model has allowed the awarded contractor to limit overall cost increases to less than 1% of their planned cost, which was well below the allotted contingency budget. The Best Value performance measurement system has facilitated the ability of the project to stay on schedule for a planned completion date of November 2013, even though the project has seen a down economy and a State Government shutdown in 2011.