What is a Facility Condition Assessment and Why Do You Need A FCA? February 1, 2012
By Ameeta Soni, Chief Marketing Officer, VFA, Inc. What is a Facility Condition Assessment? A Facility Condition Assessment (FCA) is a comprehensive inventory of all the facilities in a portfolio. VFA performs a facility condition assessment as part of its core services. Conducting a facility condition assessment provides detailed information about all the current building [read more...]
ROI of Facilities Capital Planning and Management January 27, 2012
By Ameeta Soni, Chief Marketing Officer, VFA, Inc. In a recent article in Facilities Management Journal UK, Mike Kwok, SVP of Professional Services at VFA, points out that in today’s tight economic times, most organizations require a return on investment (ROI) justification for key expenditures. Securing the best solution for an effective, strategic facilities capital [read more...]
The Process of Facilities Capital Planning and Management: Step Three January 19, 2012
By Ameeta Soni, Chief Marketing Officer, VFA, Inc. One of the benefits of gathering accurate facility condition data is not only that the true condition becomes clear, but also that it results in a benchmark to analyze the effect of investing in facility improvements. Developed by industry associations, this benchmark is known as the Facility [read more...]
New Year, New Goals January 11, 2012
By Ameeta Soni, Chief Marketing Officer, VFA, Inc. The global recession has caused numerous organizations to face tightening budgets and increased competition. Facility managers have been understandably cautious about overextending and depleting their resources without a clear understanding of how long it will take the economy to fully recover and what might occur in the [read more...]
Establishing a National Best Practice in Facilities Capital Planning December 23, 2011
By Ameeta Soni, Chief Marketing Officer, VFA, Inc. Like the majority of other states, New Mexico faces the quandary of allocating limited state resources to school facilities needs equitably, cost-effectively, and at maximum efficiency. Recently profiled in School Business Affairs, the New Mexico Public Schools Facilities Authority is a relatively small state agency which manages [read more...]
