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How technology is advancing capital planning

Author

Listed:
  • Blackmore, Derek

    (AkitaBox, 316 W. Washington Ave., USA)

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.

Suggested Citation

  • Blackmore, Derek, 2022. "How technology is advancing capital planning," Corporate Real Estate Journal, Henry Stewart Publications, vol. 12(1), pages 17-25, September.
    • Handle: RePEc:aza:crej00:y:2022:v:12:i:1:p:17-25
    as

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    More about this item

    Keywords

    capital planning; facilities condition assessment; digital twin; capital planning platform; CMMS;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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