Capital Financial Update

capital project update graph

Three times a year there is an update on the status of significant capital projects. In interest of keeping you informed about how the city is doing around project management, I have provided updates on the results so you can keep track of our performance and ask any questions. Instead of writing a completely new post every time, I wanted to keep some of what was written in the past and provide the most recent results and a few additional comments.

Today, at the City Council meeting on March 7, 2017, administration provided us with an update on our Capital Projects.  You can read the full report (item 6.2) and all 4 attachments here The latest results show (as of December 31, 2016) that most of our significant capital projects are on or ahead of schedule (88%) and within or under budget (99%). For a full summary of the staffing, reporting and process changes that have been made over the last few years, please read my posts from February and July on my website.  Over the past year and a half since the re-organization and project management changes, these numbers have consistently increased.  While there are still some select issues that remain, many of the changes that have come into effect have helped to create a new culture that has proper focus on oversight and project management. I am confident this approach has and will continue to enable Council to monitor projects more effectively, improve communication between departments and Council, and provide better information to residents of Edmonton on the progress of our capital projects.   

Co-Authored by A. Knack and K. Machin