How can you ensure every capital dollar your organization spends truly supports your mission today and for years to come?
In an environment shaped by rapid change and evolving demands, aligning facility investments with your strategic purpose has never been more essential or more possible. The evolution of cloud-based tools means capital planning is no longer guesswork or disconnected spreadsheets.
Now, facility leaders have the power to turn real-time data into confident action, creating agile plans that secure funding, prioritize projects, and move the entire institution forward. Ready to move beyond business as usual and connect your capital strategy to what matters most? Let’s explore the smart, innovative solutions that help you build for the future—starting now.
Aligning facility capital investments with the organization's overall Strategic Facility Capital Planning enables your institution to have a more significant impact now and in the future. A cloud-based mobile enterprise software platform like FOUNDATION can help you do that!
This blog discusses three innovative ways to align facility condition assessment for capital planning with your company's mission. These strategies are designed to be relevant now, as the COVID-19 pandemic continues to evolve, and in the future, as all organizations adjust to the new normal after the COVID-19 pandemic.
Top Benefits of The FOUNDATION Solution:
Understanding the current situation is the first step toward making a capital investment plan for your facility. Facility managers and directors should work with key decision-makers to conduct a thorough evaluation (Facility Condition Assessment) of all physical assets across the company's building portfolio. This will ensure the organization has the correct data to achieve its goals.
Often, this begins by collecting building data via a Facility Condition Assessment. The Facility Condition Assessment process involves regular inspections that evaluate an asset’s visual and physical conditions, performance characteristics, and the risks and impact of failures.
A facility condition assessment strategy incorporating walk-through inspections and mathematical modeling will provide a baseline that allows organizations to monitor and maintain the performance of physical assets, make intelligent capital investment decisions based on data, and secure the necessary funds for reinvestment.
Once the data is collected during the facility condition assessment, you can develop a comprehensive project inventory. Think of it as a database filled with all current and future capital projects your organization must carry out to fulfill its mission.
A project inventory combines facility condition information with the significant institutional knowledge available inside the organization from facilities and maintenance personnel. This results in an integrated and supportable single living document within the institution. Developing a project inventory allows decision-makers to understand the particular investment demands of individual facility segments being managed.
Implementing technology like the FOUNDATION platform will help your team develop this project inventory efficiently. FOUNDATION features a comprehensive Life Cycle Costing tool that accurately estimates operating and maintenance budgets over extended periods. Having this data develops and validates reliable budgets and assesses long-term financial needs.
Each project must be defined within the project inventory with specific criteria, such as mission, function, financial criteria or classification, programmatic value, geography, etc. Each project can be further organized by system, priority, or impact. This approach allows decision-makers to understand the particular investment demands of managing individual facility segments.
One of the most profound benefits of implementing technology like FOUNDATION is our platform's built-in ability to automatically prioritize capital spending projects based on your institution's specific mission-related needs.
The future of your organization’s mission hinges on strategic, data-driven capital investments, and the right technology partner can make all the difference. By harnessing real-time insights, building dynamic project inventories, and prioritizing funding with laser focus, you turn facility planning into a catalyst for growth, resilience, and alignment.
FOUNDATION empowers your team to leave reactive management behind and embrace a proactive path, ensuring every investment directly advances your institution’s mission. Now is the moment to take control, make smarter decisions, and set a new standard for capital planning.
Ready to elevate your approach and drive tangible impact? The next step starts with innovative solutions built for forward-thinking leaders—like you.
Contact us to request a demo. Our experts will contact you within 24 business hours to discuss how Intellis software can improve facility condition assessment for capital planning.
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Additional Resources
This blog explores how aligning facility capital investments with your organization’s mission drives meaningful impact, both immediately and for the future. It presents three actionable strategies to achieve this alignment: conducting thorough facility condition assessments, developing an integrated project inventory, and directly linking funding to mission-driven projects. Leveraging FOUNDATION, Intellis’ cloud-based enterprise software, facility managers gain real-time data and advanced analytics to create multi-year capital plans, justify deferred maintenance, and make informed, strategic decisions. FOUNDATION’s features streamline asset assessment, lifecycle budgeting, and project prioritization, ensuring investments are always mission-focused. Particularly relevant in navigating post-pandemic challenges, these best practices and technologies help organizations optimize investments, improve operational agility, and achieve greater alignment between facilities and institutional goals.