Now more than ever is the time to ensure you have a comprehensive emergency preparedness plan. The COVID-19 pandemic continues to evolve and impact the way all facilities—from Government to offices to schools to Colleges and Universities—are used and managed.

How to Sell Your Capital Planning Project for Facility Leaders

Are you curious about how the actual cost of owning and maintaining assets over their lifetime is calculated? You've likely heard the terms Life Cycle Costing (LCC) and Total Cost of Ownership (TCO). These two methodologies have become buzzwords in facilities management and facility capital planning, and for good reason.

The COVID-19 pandemic has had a staggering impact across the globe. Life has been disrupted as hundreds of thousands battle the disease and millions more do their part to flatten the curve. The American Higher Education industry has not been spared from COVID-19’s reach, as learning has moved online and the date when campuses will reopen seems uncertain.

Implementing software for capital budget analysis offers numerous benefits, significantly improving the efficiency and accuracy of capital planning and facility condition assessments. In this article, we will explore the key factors that impact how software can enhance capital budget analysis.

Recent studies have shown that space growth is outpacing enrollment growth in higher education. The goal is to grow enrollment and increase space at about the same rate. However, since 2012, space growth has continued to rise while enrollment growth has remained flat. This blog discusses how to improve strategic planning in managing higher education facilities.

Are you familiar with the financial terms that facility managers and capital planners use to make informed decisions? From calculating the Payback Period to determining the Return on Investment and completing a cost/benefit analysis, many tools can help you assess the financial viability of your projects. In this blog, we'll explore these concepts and show you how to apply them. So, if you're ready to take your financial management skills to the next level, read on!