Capital Planning & Asset Management Solutions
VFA introduced the concept of facilities Capital Planning and Asset Management Solutions (CPMS™). CPMS facilitates an integrated approach to facilities capital planning and asset management combining three core elements: FCA Methodology, Software Solutions and Business Processes.
FCA Methodology
VFA’s scalable facility condition assessment (FCA) methodology rests at the core of CPMS, assuring valid condition information. An objective FCA provides the baseline information, but it is the associated technology and business processes that truly put that data to work.
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Software Solutions
VFA’s FCA methodology is closely aligned with our cloud software solutions to yield high data integrity, reuse, and decision-support capability. Our software solutions enable powerful improvements in the process of facility management, the related analysis of capital expenditures, and cost-effective distribution of resources.
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Business Processes
Compiling and storing FCA data is just the start of a strategic facilities capital planning and management approach. The process of identifying funding sources, providing executive management and boards with funding options, attaining requisite funding levels, and optimizing the expenditure of funds is facilitated by distinct business practices. VFA’s consulting services guide organizations from implementation through ongoing management of a systematic lifecycle approach to capital planning and facilities reinvestment.
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Key Benefits
- Maintain accurate and credible facility data
- Create cost-effective capital projects
- Streamline the capital budget process
- Obtain increased funding for deferred maintenance and capital renewal
- Avoid risk by ensuring business continuity of critical systems
