VA Construction

VA Construction

VA Is Working to Improve Initial Project Cost Estimates, But Should Analyze Cost and Schedule Risks

by Terrell Dorn

86 pages· 2010· ISBN 9781437927306
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The Dept. of Vet. Affairs (VA) operates one of the largest health care systems in the country. As of Aug. 2009, VA's Veterans Health Admin. (VHA) had 32 major ongoing construction projects with a total cost of about $6.1 billion and average cost per project of about $191 million. Some of these projects were initiated as part of VA's Capital Asset Realignment for Enhanced Services process, which was a comprehensive assessment of VHA's capital asset requirements. This report: (1) describes how costs and schedules of current VHA major construction projects have changed; (2) determines the reasons for changes in costs and schedules; and (3) describes the actions VA has taken to address cost increases and schedule delays. Charts and tables.

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