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Capital Budgeting

Benefits

  1. Summarizes all capital planning activity in a consistent format to prioritize programs and projects, coordinate activities, and budget resources
  2. Develops a centralized methodology to efficiently manage capital projects across multiple departments and sites
  3. Enables “what-if” planning to reduce business interruption and cost overruns
  4. Integrates condition assessment, capital budgeting, and project management functions to better allocate budget and resources for complete end-to-end planning

Easily generate a visual representation of planned budgets by spending category to help justify capital requests

Access to defensible capital budgeting information reduces the risk of undertaking expensive, time-consuming projects that ultimately fail due to inadequate resources. The ARCHIBUS Capital Budgeting application provides a method for tracking the capital budget cycle from request and evaluation, through approval and funding. With this information in a single, centralized location, users can execute master planning, expansion, modernization, and consolidation projects in an organized, cost-effective manner.


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