Facilities Capital Planning and Management
Marion Edward & Associates, Inc. has partnered with a leading provider of integrated software and services for facilities asset management and capital planning. Organizations in a wide range of industries rely on our solutions to help them strategically manage their facility assets and maximize the value of their capital investments.
Our partnership uniquely combine facility assessment services, Web-based software products, and business consulting to provide our customers with a comprehensive solution for the complete capital management lifecycle.
Over 400 organizations have employed our solutions to maintain accurate information about critical capital assets and effectively leverage this data to optimize the investments they make in their facilities. VFA's flagship software product, VFA.facility®, is currently used to manage over three billion square feet of real estate assets in the corporate, education, government and healthcare sectors.
Learn more about some of the solutions provided to help organizations optimally manage their capital assets:
- VFA.facility for expert capital planning
- VFA.spendManager® for capital spending control
- VFA.auditor® guided facility surveys
- Facility assessment services, including our new
- Green Building Assessments
- Benchmarking of facilities condition and costs
- Development of long-term capital budget
Capital Planning and Asset Management Solutions
CPMS is the enabler for enterprise-level, multi-year capital planning. The CPMS framework facilitates an integrated approach to capital asset planning and management combining three core elements: FCA Methodology, Software Solutions and Business Processes
CPMS Position in the Facilities Management Industry
CPMS represents a distinct category within facilities management. It is one of the industry’s three core facilities management business areas, each supported by sophisticated technology
CPMS is used for the creation and ongoing management of capital reinvestment programs and policies.
CMMS deals with routine and preventive maintenance for projects under an established threshold (typically $5,000 to $10,000) and the associated creation and management of work orders and inventory.
A Closer Look at CPMS
Unlike the products and services sold by our competitors, CPMS is a unique solution that integrates knowledge and technology into a proven approach for strategic asset planning and management -- from condition assessment through multi-year capital budgeting.
FCA Methodology
FCA is scalable facility condition assessment (FCA) methodology rests at the core of CPMS, assuring valid condition information. An FCA provides the baseline information, but it is the associated technology and business processes that truly put that data to work.
Software Solution
FCA methodology is closely aligned and embedded within our enterprise-level software solution to yield high data integrity, reuse, and decision-support capability. Our software solutions enable powerful improvements in the process of facility management, the related analysis of capital expenditures, and cost-effective distribution of resources.
Business Process
Compiling and storing FCA data is just the start of a strategic asset planning and management approach. The process of identifying funding sources, providing executive management and boards with funding options, attaining requisite funding levels, and optimizing the expenditure of funds is facilitated by distinct business practices. VFA's consulting services guide organizations from implementation through ongoing management of a systematic lifecycle approach to capital planning and facilities reinvestment.
Key Benefits
- Maintain accurate and credible data
- Create cost-effective capital projects
- Streamline the capital budget process
- Obtain increased funding for deferred maintenance and capital renewal
- Reduce volatility and financial exposure to waves of expiring assets
- Ensure business continuity of critical business systems
- Increase long-term utilization of capital assets
- Reduce the cost of capital assets over time
Who Benefits from CPMS?
As a comprehensive solution, CPMS focuses on providing corporations and institutions with superior return-on-capital investment of multi-building portfolios in excess of 1 million square feet of property.
CPMS is implemented by facilities and financial executives who seek financial insight and decision-making support for capital asset budgeting, investment and renewal.