In the dynamic realm of corporate real estate, effective capital planning is a linchpin for preserving and boosting the value of physical assets. The Foundation System by Intellis is a potent scenario-building tool, empowering organizations to make astute decisions and optimize their long-term investments. Let's delve into the benefits of the Foundation System's scenario building for capital plans.
How the Foundation System Handles Scenario Building for Capital Plans
Effective capital planning is the bedrock of maintaining and enhancing asset value for corporate real estate. The Foundation System by Intellis revolutionizes the Facility Scenario Planning process with its advanced scenario-building capabilities. By leveraging data-driven insights and strategic planning tools, the Foundation System equips organizations to make informed decisions, optimize investments, and ensure long-term success.
Discover how this practical and innovative solution can transform your capital planning approach and drive your business forward. In this blog, you will learn how practical corporate real estate professionals like you use the Foundation System for scenario building in capital planning.
Understanding Scenario Building
Scenario building is a strategic planning tool that allows organizations to evaluate potential futures and make decisions based on various possible outcomes. Capital planning involves creating multiple scenarios to assess the impact of varying funding levels, project priorities, and timelines on the overall capital plan.
Key Features of the Foundation System
The Foundation System is designed to simplify and enhance the scenario-building process. Its key features make it an invaluable tool for capital planning.
Multi-Year Capital Plans
The Foundation System allows users to assemble individual projects into comprehensive multi-year capital plans. This feature enables organizations to track project progress over time and provides a clear overview of the capital plan. With plan-level dashboard views and reports of project status, spending, capital investments, and timelines, organizations can easily communicate the plan's progress and gain stakeholder support.
Built-In Scenario Building
One of the standout features of the Foundation System is its built-in scenario-building capability. This feature allows users to evaluate alternatives in funding and project allocations on the multi-year plan. By adjusting project phases within a plan, organizations can assess the impacts of inflation and deterioration on their assets.
What are the Benefits of Scenario Planning?
Plan-Level Business Rules
The Foundation System enables users to apply plan-level business rules to further tune schedule and cost estimations for a collection of projects. This ensures that the capital plan is aligned with the organization's strategic goals and budget constraints, thereby providing a realistic and achievable roadmap for the organization's future.
Data-Driven Decision Making
The Foundation System leverages data and insights to predict asset lifecycles and recognize usage patterns. By extrapolating needs from older condition assessment reports, the system ensures the best use of resources and helps organizations make strategic, data-driven decisions.
Real-World Applications
The Foundation System has been successfully implemented in various real-world projects, demonstrating its effectiveness in scenario building for capital plans. For example, large organizations with hundreds to thousands of buildings have used the system to build 5-to-20-year capital plans. The financial modeling tools in the Foundation System have empowered these organizations, giving decision-makers the confidence to own their facility renewal projects, compare alternatives through scenario building, and report progress to leadership.
Leverage Multi-Year Capital Plans
The Foundation System allows you to assemble individual projects into comprehensive multi-year capital plans. This feature helps you track your projects' progress and gain stakeholder support with plan-level dashboard views and reports of project status, spending, capital investments, and timelines.
Utilize Built-In Scenario Building
Take advantage of the built-in scenario-building capability. This feature enables you to evaluate alternatives in funding and project allocations on the multi-year plan. By adjusting project phases within a plan, you can assess the impacts of inflation and deterioration on your assets.
Apply Plan-Level Business Rules
Use plan-level business rules to further tune schedule and cost estimations for a collection of projects. This ensures that your capital plan is aligned with your organization's strategic goals and budget constraints.
Conduct Facility Condition Assessments (FCA)
The Foundation System is excellent for conducting Facility Condition Assessments. It helps you manage and administer the current state of your facilities and related projects, ensuring you have reliable data to make informed decisions.
Focus on Data-Driven Decision Making
The Foundation System leverages data and insights to predict asset lifecycles and recognize usage patterns. By extrapolating needs from older condition assessment reports, you can ensure the best use of resources and make strategic, data-driven decisions.
Collaborate Across Departments
Foundation facilitates collaboration between various departments, such as marketing, IT, and customer service, to ensure seamless project execution. This integration helps manage customer interactions more effectively and provides a better user experience. By implementing the Foundation System, you can maximize the effectiveness of your capital planning needs.
Intellis Foundation System for Scenario Planning
The Foundation System by Intellis offers a comprehensive and flexible solution for scenario building in capital planning. Its multi-year capital plans, built-in scenario-building capabilities, plan-level business rules, and data-driven decision-making features make it an invaluable tool for organizations looking to optimize their long-term investments in physical assets. The Foundation System's adaptability allows organizations to tailor their capital plans to changing circumstances, ensuring they remain strategic, efficient, and aligned with their business goals.
Ready to revolutionize your capital planning process? Discover how the Foundation System by Intellis can transform your approach with its advanced scenario-building capabilities. Don't miss the opportunity to optimize your long-term investments and drive business success. The transformative potential of the Foundation System is not just a promise but a reality waiting to be unlocked. Schedule a demo today to learn more and see the Foundation System in action!
