Ways and means
A discussion of ways and means- fundraising, budgeting and financing - will always be present in your discussions. Planning for the renovation or construction of science facilities is a complex process requiring the involvement of financial officers and development officers from the very beginning. Their charge is to ensure that the project is planned so it make financial sense for the institution. The final decision about when and how to move ahead on the project will be made by the executive committee based on a careful analysis of priorities, confirming that this project is a timely opportunity to achieve distinction in an area central to the mission of your institution. Parameters for the project budget will be set, fundraising capabilities explored, and the potential impact on current and capital budgets determined.