From Fire Fighting to Forecasting: Building a Capital Plan your Board Will Fund

Facilities leaders are all too familiar with the urgency of day-to-day operations taking priority over long-term planning. This session walks through a multi-step framework for moving from reactive maintenance fire fighting to creating a defensible long-term capital forecast. This includes understanding and assessing your critical assets, prioritized by risk and cost of failure, making the financial case to your board, and keeping the plan alive in your CMMS. You’ll leave knowing how to quantify the opportunity loss of doing nothing, defend your critical funding, and reframe the facilities department into a strategic partner.