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Managing the Facilities Portfolio provided a set of ratings: good (under 0.05), fair (0.05 to 0.10), and poor (over 0.10) based on evaluating data from various clients at the time of the publication. Today, many organizations are determining an appropriate FCI range for these ratings based upon their mission and strategic goals.
Performance-Based Building Design is an approach to the design of any complexity of building, from single-detached homes up to and including high-rise apartments and office buildings. A building constructed in this way is required to meet certain measurable or predictable performance requirements, such as energy efficiency or seismic load ...
Facility condition assessment is an analysis of the condition of a facility in terms of age, design, construction methods, and materials. [1] [2] The individuals who perform the assessment are typically architects and engineers, and skilled-trade technicians. Engineering and architectural professional opinions as to the conditions observed are ...
Project portfolio management (PPM) is the centralized management of the processes, methods, and technologies used by project managers and project management offices (PMOs) to analyze and collectively manage current or proposed projects based on numerous key characteristics.
There are several different building performance standards widely used for designing building codes and energy-efficiency certifications. For instance, the standards produced by ASHRAE (American Society of Heating, Refrigeration, and Air Conditioning Engineers) and the IECC (International Energy Conservation Code) have been widely used to inform local building codes and energy-efficiency ...
A holistic approach to Capital Investment Planning (CIP), using the portfolio approach, requires a significant amount of supporting documentation. The VMM approach can provide planning data and performance assessment criteria for the following: Summary of spending; Project description and justification; Performance goals and measures
In common usage, evaluation is a systematic determination and assessment of a subject's merit, worth and significance, using criteria governed by a set of standards.It can assist an organization, program, design, project or any other intervention or initiative to assess any aim, realizable concept/proposal, or any alternative, to help in decision-making; or to generate the degree of ...
Building of the earlier type of work logic, Accelare added a distinction in assessment of the capabilities necessary to the operative business by examining the financial impact as well as the customer impact. [22] Some capabilities directly contribute to the customer value proposition and have a high impact on company financials.