Blog posts tagged Vfa.facility

How Capital Planners Measure Performance (It’s Not with Spreadsheets)

Posted on 06/26/2017

By gathering accurate facility data, the true condition of your facilities portfolio becomes clearer, providing a benchmark to analyze the impact of investing in facility improvements. This benchmark – developed by industry associations – is known as the Facility Condition Index (FCI).

Spreadsheets Lack Functionality Facilities Managers Need

Posted on 06/14/2017

Facilities managers have tools available to them for managing everything from construction and energy to recycling and security. So, it’s surprising that in an age of automated buildings and smart cities that facilities managers are still using spreadsheets.

What Public School Facility Managers Can Teach Taxpayers

Posted on 06/01/2017

How much do taxpayers know about the condition of school facilities in their district? Often, residents confront the reality of facility capital projects only when they’re expected to vote on bond measures, or when they’re directly impacted by insufficient infrastructure or school closures.

Facilities Managers Won’t Find Cost Estimation Norms Data in Spreadsheets

Posted on 05/30/2017

Spreadsheets lack the embedded and up-to-date cost estimation norms data. Without these industry-standard cost sources, facilities managers must make best-guess estimates or spend valuable time researching cost data for their spreadsheets.

How Spreadsheets Limit Facilities Capital Planning Collaboration

Posted on 05/15/2017

When building data is maintained in different spreadsheets, accuracy deteriorates and collaboration is difficult. Other challenges include the sluggish handling of bulky files, and a lack of version control which can cause confusion and errors.

The Perils of Manual Data Entry in Facilities Capital Planning

Posted on 05/01/2017

Spreadsheet errors can have a major impact on business results as inaccurate data is propagated throughout an organization. Manual data entry, especially into spreadsheets lacking standardization and controls, is inefficient and yields numbers that cannot be trusted for accurate decisions.

The Problem with Spreadsheets for Capital Planning, Part 1: Manual Data Entry

Posted on 03/20/2017

When it comes to effective capital planning for large portfolios, spreadsheets lack key capabilities, including built-in cost estimation based on industry norms, objective project prioritization, centralized data storage and the ability to scale.

Why Facilities Capital Planning Matters

Posted on 01/11/2016

Capital planning is a complex and important part of your organization. Read this blog post to learn what questions you should be able to answer when developing a capital planning strategy.

Understanding the Facility Capital Planning Process

Posted on 05/14/2015

When it comes to seeing the future, none of us – even with a crystal ball – can predict exactly what will happen. In the case of facility management, this lack of certainty can be frustrating as budgets shrink and resources dwindle. By implementing a data-driven facility capital planning process, you can ensure the future of your organization's real estate and facility portfolio.