VFA NEWSLETTER / SEPTEMBER 2011
Expert Insights - Tim Dunn
The existence of quality facility condition and asset data alone does not ensure excellent capital planning, budgeting or project implementation results. Good data must be part of an overall program designed and implemented to optimize its use in the capital planning process. By building a Process Map, an organization can create a plan to grow from their current capital planning process to one that is more aligned with industry best practices. VFA has found that our most successful customers have created a process map to ensure that they have a coordinated approach to their capital planning throughout their organization.
VFA works with organizations to develop, implement and sustain a facility capital planning program using our process mapping solution framework. This framework has proven to be an effective way to identify the strengths and challenges in current practices, and to identify and mobilize client resources to implement new, more effective processes in a structured but flexible way.
The development of a Process Map consists of the following steps:
A successful Process Map ensures that the facilities team has a coordinated approach to capital planning throughout their organization, leveraging industry best practices to fully utilize their valuable facility data in a structured, sustainable capital planning program.
For more information, please contact Tim Dunn, Senior VP of Consulting and Software Services at firstname.lastname@example.org.