LCI Cascadia - Target Costing with Michael Flores


Lean Construction Institute

Cascadia Chapter



Program:                                                Target Costing


Speaker:                                                   Michael Flores


Who is Michael Flores?

Michael Flores, Program Manager with Capital Program Management, has over 15 years of construction experience in public schools and the telecommunications industry both domestically and internationally.  He is currently involved in all aspects of both new construction and renovation of educational facilities.



What is Target Costing?

Target costing in the construction industry is the practice of constraining design and construction of a capital facility to a maximum cost.  It is an appropriate practice for all clients with financial constraints (maximum available funds or minimum ROI requirements) that a capital facility project must meet in order to be considered successful by that client.  Target costing asks the questions “What am I trying to accomplish, What do I need in order to achieve my purposes? What is that worth to me?  What can I afford to pay to get it?  What can I expect to pay?  Is expected cost less than or equal to allowable cost? 


Date and Time:                            Thursday, February 21, 2008 5-9pm



·         5:00-6:00                  What is Lean Construction

·         6:00-6:45                  Dinner - Beginning Lean Thinking

·         6:45-8:00                  Target Costing—Michael Flores

·         8:15-8:45                  Round Table Discussion

·         8:45-9:00                  Plus Delta and Closing 


For Registration Assistance:




Name Sales End Price
Member   Ended $60
Non-Member   Ended $75

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