Change Management: 5 Tips for Software Implementation

The collection, management and analysis of data has always been critical to effective real estate asset management, but getting it right has never been as important as it is today. Implementing asset systems offers big rewards for organizations trying to...

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Is Facilities Capital Planning Software Obsolete?

The end of the year marks a busy time for capital asset planning. Among key tasks is the development of capital plans for the next year. Many organizations often have limited financial resources to spend. They must decide which assets...

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It’s Time to Upgrade Your Facility Condition Assessment Report

A facility condition assessment report is integral for capital planning or the purchase and sale of properties. It provides key insights on the state of buildings and their individual components. Despite the importance of these reports, they remain underutilized. Their information...

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How to Set Up a Risk Assessment Template

No business is without risk, but this doesn’t mean that every business or property faces the same risks and challenges on a day-to-day basis. Rather, these risks apply to a specific business model. That means you must address each concern...

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Capital Investment: Stop Planning for Failure—Plan for Success

Numerous organizations face limited capital for investment into buildings and facilities. Real estate managers then face a tough task. How should they maximizing expenditure dollars while ensuring repairs and upgrades are maintained? Many would develop capital plans to manage how expenditures...

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How to Differentiate Yourself in the FCA RFP Process

Responding to RFPs for Facility Condition Assessments (FCAs) are often a cut and paste practice. Often, Service Providers miss out on what it really takes to win an RFP on value not just price. Over the past decade we have...

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How Does PCA Software Data Help Real Estate Execs?

Property condition assessments (PCAs) are critical for real estate investors and managers. First, they allow you to check the physical condition of a building. Then, the PCA software data you collect helps understand its deficiencies. This helps plan for future...

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Do You Need a Security Assessment Report?

Every business has security risks. However, the risks vary widely from building to building. Depending on the use of the structure, some scenarios are more likely than others. Conducting a security assessment report can not only pinpoint potential risks to...

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How to Use Data to Improve a Built Environment

Data changes the way our world works. It improves customer service and streamlines business processes to increase profitability. A great example is the “built environment” of a real estate portfolio. Without data, there’s no way to optimize your portfolio. Data...

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2017 Trends in Capital Budgeting

Capital budgeting is critical to an organization's success. However, many organizations still approach it in an ad hoc fashion. They tend to view capital budgeting as an isolated financial process rather than a strategic investment decision, which may lead to...

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