Strategic Facility Consulting
Current economic constraints have caused most organizations to divert away from the new-build route. Owners are taking a closer look at their property portfolios and considering how to make their existing buildings work harder and smarter to achieve maximum proficiency.
This new approach to investment planning means that owners are asking:
- What is the condition and functional suitability of our facilities?
- How much capital investment is required over the short, medium and long term?
- How do our facilities synchronize with our overall business goal?
- How can we reduce our facility related expenditures?
- How do we make our facilities more sustainable?
Faithful+Gould's strategic facility consulting (SFC) service can help owners identify priorities and make decisions on what can be done to maintain their facilities and bring them into modern and green standards.
Our SFC service helps owners to
- Understand the extent and condition of their facilities
- Construct defendable and transparent capital budgets
- Predict and prioritize capital needs
- Meet sustainability goals
- Develop a comprehensive capital and facility plan
Our past experience has helped our clients achieve maximum return on investment (ROI) by providing them with information on the condition, performance and costs of the property portfolio.
Every assessment includes
- Operating costs
- Infrastructure
- Maintenance
- Energy performance
- Security status
We identify priorities, allowing owners to clarify maintenance needs and bring the facility up to current market and corporate standards.
Managing the total cost of ownership
A holistic interpretation of the facility condition assessment, combined with capital and operating data, empowers clients to manage the total cost of ownership. Our customized web-based tool, iPlanTM, provides these results in a transparent and analytical platform.
Owners can then
- Optimize operations
- Increase accountability
- Provide key performance indicators, benchmarks and measurements
- Understand and best manage the facility's lifespan
Our SFC service helps our clients justify their expenses and provides a valid document to secure the necessary funding to maintain their facilities. Clients can then maximize their business results by aligning their mission and objectives within a defined strategy for their built environment.
Client successes
We have achieved effective results for north american clients in the aviation, pharmaceuticals, energy, government, education and commercial sectors.
Recently we won a project with a large portfolio holder in the southeastern U.S. Our scope includes nine million square feet of property encompassing residential, offices, institutional and recreational facilities. We educated the client on how to prioritize expenditure, identify criticality and highlight the consequences of shortfall funding and non-action. The client opted for our service on the basis that this robust multi-faceted, live financial and energy tool would save money in the long term and provide them with a strong proposal for funding purposes.