Make plans that are clearly defensible
Focus on true multi-year investment planning.
There are so many competing objectives that must be reconciled in the capital asset investment plan, including short-term vs. long-range investments, geographical vs. population-based project distribution, constituent demands vs. legislative requirements, and perhaps the most common, emergency repairs vs. preventative maintenance. This whitepaper overviews how to move to a multi-year budget allocation structure that is flexible and dynamic enough to:
- adapt to shifts in priorities
- reflect the realities of funding constraints and project dependencies
- demonstrate, in real-time, the impact of potential changes to schedule dates and resources available to execute the plan
