AT&T will Discuss How it Takes a Centralized Approach to Capital Planning
BOSTON—November 20, 2014—VFA, Inc., an Accruent company and the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced it will host a complimentary webinar titled “Developing a Strategic Capital Plan for Centralized Control – A Case Study by AT&T” on Thursday, November 20 at 2 p.m. EST.
Kimberly Chestnutt, senior manager national staff corporate real estate, AT&T, will discuss how AT&T takes a centralized approach to capital planning using technology that allows them to capture data at the field level and leverage that data to make strategic capital planning decisions. With a significant portfolio of more than 230 million square feet comprised of more than 60,000 assets, the challenge facing AT&T when it comes to capital planning is daunting. While AT&T’s real estate portfolio is significant, many smaller organizations face the same challenges that AT&T faces – a competitive business environment, internal competition for capital funds, and incomplete data with which to make informed decisions.
Attendees will learn how a standardized data collection process allows facility professionals to get the data they need to make strategic capital funding decisions; detailed reporting based on objective data takes the guesswork out of which projects should take priority and lets facility professionals quantify and defend funding requests; and the right technology addresses the needs of organizations with large portfolios like AT&T, but the same benefits are available to smaller organizations.
This webinar is part of an ongoing series around the theme, “Deliver Strategic Value From Your Facilities Capital Investment.” The series features one webinar each month with speakers including industry leaders and rising stars in facilities management. To view the schedule and register, visit http://www.vfa.com/news-events/webinars/.
VFA Canada Helps Federal Organizations Manage and Optimize Investments in Facilities
BURNABY—November 18, 2014—VFA Canada Corporation, an Accruent company and the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced it is featuring solutions that enable organizations to manage their facilities strategically at the Real Property Institute of Canada (RPIC) National Workshop taking place November 18-20 in Ottawa, Ontario, Canada. VFA is exhibiting in Booth 21 and showcasing its flagship facilities capital planning software, VFA.facility®.
VFA Canada works with federal organizations that manage large, dispersed facility portfolios to optimize their investments in their facilities while complying with federal real property asset management standards. Visitors to VFA’s booth can learn how VFA.facility enables federal organizations to both manage information about facility assets and leverage that information in the creation of capital projects, plans and budgets. VFA.facility provides a secure central source of facility data, and gives facility managers, capital planners, financial analysts and executives the tools they need to make optimal decisions about facility spending, capital investments and long-term capital planning.
To connect with VFA Canada, please follow us on Twitter at @VFACanada, or visit our blog, Foundations, which provides information to readers that serves as a foundation for intelligent facilities capital planning and management.
Get to know Thursday’s presenter, Kimberly Chestnutt, Senior Property Manager, National Staff at AT&T.
What education and/or professional experience led you to your role today?
I became involved in Capital Planning when I was asked to be the “Super User” for what was known as AT&T’s Central Region for Property Management. Over the years, my knowledge of the database and its purpose propelled me to be the SME for Capital Planning. Our portion of Capital Planning is related to the data entry of the capital needs and then turning to our Design & Construction team to determine what will be funded the next year.
What do you see as the 3 biggest hurdles that FMs face in the next 5 years?
The three biggest hurdles for my FMs in the next 5 years will be:
Kimberly will be presenting a live webinar on Thursday, November 20, at 2:00 PM (ET).
Developing a Strategic Capital Plan for Centralized Control – a Case Study by AT&T – Register!
Flying Solo: How a Facilities Team of One Is Building the Case for Strategic Capital Investment
Read our latest case study featuring Brewster Academy.
Brewster Academy, a small independent high school on Lake Winnipesaukee in New Hampshire, is dedicated to “optimizing the learning, living, and athletic experience of students while helping them grow strong in mind, body, and spirit.” The school’s 500,000 square feet of facilities plays a key role in achieving part of that mission. With 20 dormitories, classrooms equipped to deliver a curriculum that is fully integrated with the latest technology, a performing arts facility, a 50,000 square foot athletics center, and a boathouse and events center, Brewster Academy has made significant investments in making its campus both beautiful and functional to attract and retain the best students and faculty.
Brewster Academy’s Facilities Director Dan Noyes is a facility team of one. He manages a million-dollar annual operating budget, and a budget of between six hundred thousand and one million for capital expenditures. Like many facilities managers, Dan knows that the capital budget is insufficient to keep up with the needs of the organization. So does his boss, the school’s Chief Financial Officer. But without a convincing case based on hard data, the likelihood of persuading the Board of Directors to allocate more capital funds is low.
What happened next?
See what Brewster Academy chose as their solution and find out the results of that choice by downloading the case study.
Will Provide an Update on the Facilities Capital Planning Program Implemented by National Health Service Scotland
READING—5 November 2014—VFA, Ltd., the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced it is presenting on the facilities capital planning program implemented by the National Health Service Scotland (NHS Scotland) at the Scottish Healthcare Facilities Conference taking place 6-7 November 2014 in Perthshire, Scotland. VFA will also be exhibiting at Stand 2.
Ray Dufresne, vice president and principal consultant, VFA, will provide an update on NHS Scotland’s capital planning program during a session on 7 November from 11:45 to 12:25. NHS Scotland began a pilot program with VFA facility capital planning software, VFA.facility®, and consulting services in 2013. The initial implementation is nearly complete and all boards now have access to the software. VFA.facility provides lifecycle modelling and analytics to enable the boards to strategically plan and optimise capital expenditures.
To connect with VFA, please follow us on Twitter at @VFAUK, or visit our blog, Foundations, which provides information to readers that serves as a foundation for intelligent facilities capital planning and management.