CAPITAL BUDGETING

Master the capital budget cycle to achieve improved, centralized strategic planning across the organization

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.

 

BENEFITS

 

  • Summarize all capital planning activity in a consistent format to prioritize programs and projects, coordinate activities, and budget resources

  • Develop a centralized methodology to efficiently manage capital projects across multiple departments and sites

  • Enable “what-if” planning to reduce business interruption and cost overruns

  • Integrate condition assessment, capital budgeting, and project management functions to better allocate budget and resources for complete end-to-end planning

Master the capital budget cycle to achieve improved, centralized strategic planning across the organization