Capital Project Management

Manage the project and master the capital budget cycle




Benefits

  • Automate processes for lease tracking and management
  • Reduce administrative costs with minimized errors
  • Track and analyze portfolio holdings comprehensively 
  • Access costs with high transparency
  • Simplify chargeback/invoice/payment processing

Features

Condition Assessment

Track and effectively manage deferred maintenance liabilities to mitigate risk and enable a closed loop process in taking corrective actions

Benefits

  • Mitigates risk by prioritizing problems for correction, based on objective measures and organizational needs
  • Enables proactive identification of deficiencies to extend asset service life
  • Demonstrates how costs are associated with corrective measures to justify budgets
  • Reduces administrative cost by establishing a closed loop assessment and resolution process costs


Track conditions in the field, identify high-priority items at a glance and drill down to detailed information for taking immediate corrective action

Could you justify increased deferred maintenance and capital renewal spending based on static, and possibly outdated information? Web-based ARCHIBUS Condition Assessment provides an objective, dynamic process for evaluating physical assets to help substantiate corrective action, based on risk mitigation and operational priorities. Using Condition Assessment’s accurate, timely repository can help increase asset service life, minimize costly downtime, reduce administrative expense, and streamline capital planning and budgeting processes. Successful deployment could deliver improved Facility Condition Indices at a lower total cost of occupancy.

Capital Budgeting
Project Management
Commissioning