Success Drivers in Capital Budgeting
A Process for Strategically Aligning Facilities Investments with the Organizational Mission - Seven Steps to a Strategic Capital Budgeting Process
This paper describes an approach to successfully aligning an organization’s acilities capital budget with its strategic business objectives. This process enables objective prioritization of competing needs in order to optimally allocate capital funds and deliver the greatest business value.
Additional benefits of a mission-driven capital budget include:
Seven Steps to a Strategic Capital Budgeting Process:
Establishing The Team
Defining Goals, Processes, Evaluation Criteria
Collecting Information and Organizing Data