Requirements to Implement Asset Investment Planning and Management
- Integration of processes
- Processes that effectively and efficiently share planning information throughout the organization
- Links between processes that are not normally considered (e.g., work management and revenue requirements)
- Budgeting and Performance Management
- Activity-based budgets that reflect the long-term plan for the asset
- Long-term financial performance forecast using pro forma financial statements
- Measurement and forecasting of risk and non-financial metrics
- Targets and incentives that reinforce execution of the plan
- Asset Investment Planning and Management software
- Single, multi-year repository of planned, and proposed asset expenditures without needing to create projects and work orders in the transactional systems
- Long-term forecasting of both revenues and expenses, and creation of pro-forma income statements
- Single modeling framework using common assumptions that can be used for both discounted cash flow analysis and presentation of pro forma financial statements
- Capability to analyze expenditure alternatives ranging from individual projects to entire investment portfolios
- Multi-attribute expenditure analysis and prioritization
- Capability to forecast impacts of expenditure scenarios on revenue requirements, customer rates, and non-financial outcomes
CopperLeaf’s C55 is a purpose-built Asset Investment Planning and Management software package. CopperLeaf’s professional services team understands Asset Investment Planning and Management in asset intensive organizations and can help you achieve value from the approach.
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