VFA Webinar
Creating Capital Budgets in an Uncertain Economy: Best Practices for Prioritizing Capital Investments
How can your organization objectively determine which capital projects to fund this year, and which should have the greatest priority?
In this webinar, we’ll present a case study describing the capital budgeting process implemented at Baylor University. The speaker will discuss best-practice approaches for creating capital budgets that objectively balance the concerns of diverse functions and constituencies and align with strategic business goals. And, we’ll present prioritization strategies for ranking different types of physical capital investments—facilities, capital equipment—and compare various budget scenarios to see the impact of different investment levels.
What You’ll Learn
- How to align capital spending with long-term organizational objectives
- Methods for focusing capital investments where they will have the greatest business value
- Ways to employ an objective, data-driven process
- Approaches for reaching stakeholder consensus about organizational priorities
- How to employ repeatable processes for prioritizing capital projects and allocating capital funds
- How the VFA.facility® Capital Budgets Ranking Module enables the ranking of capital requirements based on organization-wide priorities
Who Should Attend?
Executives responsible for:
- Capital Budgeting
- Capital Planning
- Facilities Management
Speaker
Anthony Chamberas
Consultant, VFA, Inc.
As a VFA consultant, Mr. Chamberas helps clients leverage their facilities’ data to better manage their portfolios in the areas of capital budgeting, benchmarking and forecasting. Prior to joining VFA, he worked 11 years at the Risk Management Foundation of the Harvard Medical Institutions conducting risk analysis of medical malpractice data to help manage patient safety, claims management and underwriting programs. Mr. Chamberas earned a BA in math and economics from Boston University and an MS from Stanford University in operations research.
About VFA
Headquartered in Boston, VFA, Inc. is the leading provider of end-to-end solutions for facilities capital planning and asset management. VFA solutions uniquely combine facility assessment services, Web-based software and business consulting services to enable customers to manage every stage of the capital asset lifecycle — from requirements gathering and long-term planning to capital budget creation and spend management. Over 400 organizations in corporate, education, government and healthcare markets have relied on VFA solutions to strategically manage their capital assets. VFA’s flagship software product, VFA.facility®, is currently used to manage more than three billion square feet of real estate. 1-800-693-3132
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