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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Printed Property Condition Reports: A Dying Breed

Data is the currency of business. According to the 2016 GE Global Innovation Barometer report, 61% of senior executives now use data to inform key corporate decisions. So in an age where data can help firms be more productive and...

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Is it Possible to Standardize Data Collection?

The ability to make the most of increasing volumes of data continues to be a challenge for many organizations. Many recognize the value proposition of data but fall into the trap of “analysis paralysis” when too much information leads to...

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Property Condition Assessment Software: Build or Buy?

For many organizations, developing a cost-effective but efficient software platform can be a challenge. Smaller organizations need low start-up costs as they stay lean and scale. Larger organizations demand customization and complexity as operating needs grow. The path an organization takes...

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Eliminate These 4 Manual Processes from Your Site Assessments

For most organizations, site assessments remain manual in nature. Someone in the field collects data by hand. After they leave, they compile other important information such as photos and building commentary. Unfortunately, this approach usually results in drags on efficiency...

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Can You Afford to Be Wrong? The Costs of Inadequate ADA Surveys

The Americans with Disabilities Act (ADA) is a federally mandated policy that ensures that buildings provide equal access and functionality to those with disabilities. For building owners and managers with large portfolios of assets, ADA compliance can be quite challenging,...

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AEC Firms: It’s Time to Move Away From Project-Based Work

A recent article from McKinsey & Company shows how important it is to challenge existing beliefs about how to secure recurring revenue. The article summarizes several years of data on business model innovation. Most firms have rigid, long-standing beliefs about...

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Do You Need a Commercial Real Estate Inspection for Compliance?

A commercial real estate inspection forms a critical part of the due diligence process for any investor or manager of commercial property. The regulatory environment for real estate—both for existing buildings and new development—is increasingly rigorous. Energy and sustainability remain...

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Evaluating Property Condition Assessment Results—What Next?

A Property Condition Assessment (PCA) highlights the physical condition of a building during an acquisition or major capital improvement. While they’re often viewed as a single snapshot in time, the right software tools can turn PCAs into something much more...

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Meet Environmental Standards With a Facility Assessment

Imagine designing and constructing a commercial building without any consideration of energy use or sustainability. It sounds unlikely; almost irresponsible. However, around half of the existing commercial buildings the United States fall into that category. Commercial facilities built before the...

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