How technology is advancing capital planning

Derek Blackmore
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Derek Blackmore: AkitaBox, 316 W. Washington Ave., USA

Corporate Real Estate Journal, 2022, vol. 12, issue 1, 17-25

Abstract: This paper examines the shortcomings of current capital planning methods, most notably the facilities condition assessment (FCA). The FCA as we know it today does not provide the data and other deliverables needed for effective capital planning; however, new technologies are changing that. This paper describes key ways technology is already and will continue to accentuate the FCA and capital planning processes.

Keywords: capital planning; facilities condition assessment; digital twin; capital planning platform; CMMS (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:aza:crej00:y:2022:v:12:i:1:p:17-25

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