VFA introduced the concept of Capital Planning and Asset Management Solutions (CPMS™). CPMS is the enabler for enterprise-level, multi-year capital planning. The CPMS framework facilitates an integrated approach to capital asset planning and management combining three core elements: FCA Methodology, Software Solutions and Business Processes CPMS Position in the Facilities Management Industry CPMS represents a distinct category within facilities management. It is one of the industry’s three core facilities management business areas, each supported by sophisticated technology. CPMS is used for the creation and ongoing management of capital reinvestment programs and policies. CMMS deals with routine and preventive maintenance for projects under an established threshold (typically $5,000 to $10,000) and the associated creation and management of work orders and inventory. CAFM is used for CAD (computer-aided design) centric space planning with a focus on space utilization. A Closer Look at CPMS Unlike the products and services sold by our competitors, CPMS is a unique solution that integrates knowledge and technology into a proven approach for strategic asset planning and management -- from condition assessment through multi-year capital budgeting. FCA Methodology VFA’s scalable facility condition assessment (FCA) methodology rests at the core of CPMS, assuring valid condition information. An FCA provides the baseline information, but it is the associated technology and business processes that truly put that data to work. Read more about our Assessment Services Software Solution VFA’s FCA methodology is closely aligned and embedded within our enterprise-level software solution 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. Read more about our Software Solutions Business Process Compiling and storing FCA data is just the start of a strategic asset 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. Read more about our Consulting Services Key Benefits Maintain accurate and credible data Create cost-effective capital projects Streamline the capital budget process Obtain increased funding for deferred maintenance and capital renewal Reduce volatility and financial exposure to waves of expiring assets Ensure business continuity of critical business systems Increase long-term utilization of capital assets Reduce the cost of capital assets over time  Who Benefits from CPMS? As a comprehensive solution, CPMS focuses on providing corporations and institutions with superior return-on-capital investment of multi-building portfolios in excess of 1 million square feet of property. CPMS is implemented by facilities and financial executives who seek financial insight and decision-making support for capital asset budgeting, investment and renewal. Introducing CPMS Software Solutions Assessment Services Consulting Services Certification & Training