11/20/2023 0 Comments Wooden lattice wine rack![]() This will likely include the installation of barriers, reconfiguration of open spaces, installation of sensors and other key measures to allow for social distancing and minimized contact. In the same vein, decision-makers are reevaluating spaces as businesses consider how to facilitate the return to work. Many businesses are taking this time to evaluate the resiliency of their systems, equipment and facilities post-mortem to really identify how COVID has impacted operations. This has ultimately changed capital plans and project prioritization. Many capital budgets have been reallocated to support unforeseen business costs due to COVID. Similarly, facility managers are trying to replace critical equipment and complete upgrades while their facilities are unoccupied. The scope of renovations, in particular, is increasing during the pandemic because efforts that were previously seen as off-limits or disruptive to day-to-day work are easy to complete during low-no occupancy. This presents a great opportunity to accelerate and prioritize any planned facility work so that it’s finished before reopening. On one hand, COVID has presented the unique situation of low-to-no occupancy within most facilities. The most prevalent among these include: Accelerated Planned Work and Schedules Many organizations are facing key challenges and changes to their facility budgets due to the COVID-19 pandemic and sweeping stay-at-home orders. ![]() COVID-19’s Impact on Businesses in Higher Education and the Public Sector Here’s how to adapt your capital planning software to facilitate a smooth return to work and make sure that you have accurate facilities assessments. ![]() By providing the data needed to prioritize spending, unify facilities information, make important facility changes and maximize alignment, the right capital planning software can help you effectively manage tight COVID budgets, execute effective capital planning and control out-of-range costs. With tighter budgets and less financial wiggle room, there has been an increased focus on tools, strategies and best practices that can maximize efficiency and improve productivity without straining the budget.Ĭapital planning software is one of those tools. The COVID-19 pandemic has drastically shifted priorities for many organizations.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |