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From page 10... ... 10 2 Facilities Asset Management and Performance Goals In part because of the President's Management Agenda, which is intended to move the federal government toward integrating business management principles, the area of federal facilities management is in flux. Decades of tradition are being challenged as Federal departments and agencies look for ways to tie all asset allocations directly to mission requirements. Read the entire page →
From page 11... ... FACILITIES ASSET MANAGEMENT AND PERFORMANCE GOALS 11 • continuously assesses and adjusts the portfolio holdings to match facilities requirements in the near term and in the future; • operates facilities cost effectively; • predicts with reasonable accuracy the future consequences of current management decisions; and • reports this highly specialized function in a concise and easily understandable manner to all nonfacilities managers involved in decision making. PERFORMANCE GOALS A first step in developing high-level, portfolio-oriented performance indicators is to assess which organizational goals are to be attained and to establish a time frame for attainment. Read the entire page →
From page 12... ... 12 KEY PERFORMANCE INDICATORS FOR FEDERAL FACILITIES PORTFOLIOS -- have institutionalized responsible and accountable facility management processes, including budgetary ones, so that the condition of NNSA facilities and infrastructure is maintained equal to or better than industry standards. Similarly, the Department of Defense (DoD) Read the entire page →
From page 13... ... FACILITIES ASSET MANAGEMENT AND PERFORMANCE GOALS 13 They have the flexibility to design their financial systems to gather the types of data needed to track and evaluate facilities investments, operations, and management. Such data include operating and utility costs. Read the entire page →
From page 14... ... 14 KEY PERFORMANCE INDICATORS FOR FEDERAL FACILITIES PORTFOLIOS In the Federal government the overall goal is to deliver goods and services to the public; making a profit typically is not an objective. All Federal departments and agencies are subject to the same budget procedures. Read the entire page →
From page 15... ... FACILITIES ASSET MANAGEMENT AND PERFORMANCE GOALS 15 Goals for facilities asset management should be tied to the attainment of organizational goals. Organizational goals should cascade to strategic goals, to functional unit goals, to team goals, and to individual performance goals. Read the entire page →

From page 10...

... 10 2 Facilities Asset Management and Performance Goals In part because of the President's Management Agenda, which is intended to move the federal government toward integrating business management principles, the area of federal facilities management is in flux. Decades of tradition are being challenged as Federal departments and agencies look for ways to tie all asset allocations directly to mission requirements.

Read the entire page →

From page 11...

... FACILITIES ASSET MANAGEMENT AND PERFORMANCE GOALS 11 • continuously assesses and adjusts the portfolio holdings to match facilities requirements in the near term and in the future; • operates facilities cost effectively; • predicts with reasonable accuracy the future consequences of current management decisions; and • reports this highly specialized function in a concise and easily understandable manner to all nonfacilities managers involved in decision making. PERFORMANCE GOALS A first step in developing high-level, portfolio-oriented performance indicators is to assess which organizational goals are to be attained and to establish a time frame for attainment.

Read the entire page →

From page 12...

... 12 KEY PERFORMANCE INDICATORS FOR FEDERAL FACILITIES PORTFOLIOS -- have institutionalized responsible and accountable facility management processes, including budgetary ones, so that the condition of NNSA facilities and infrastructure is maintained equal to or better than industry standards. Similarly, the Department of Defense (DoD)

Read the entire page →

From page 13...

... FACILITIES ASSET MANAGEMENT AND PERFORMANCE GOALS 13 They have the flexibility to design their financial systems to gather the types of data needed to track and evaluate facilities investments, operations, and management. Such data include operating and utility costs.

Read the entire page →

From page 14...

... 14 KEY PERFORMANCE INDICATORS FOR FEDERAL FACILITIES PORTFOLIOS In the Federal government the overall goal is to deliver goods and services to the public; making a profit typically is not an objective. All Federal departments and agencies are subject to the same budget procedures.

Read the entire page →

From page 15...

... FACILITIES ASSET MANAGEMENT AND PERFORMANCE GOALS 15 Goals for facilities asset management should be tied to the attainment of organizational goals. Organizational goals should cascade to strategic goals, to functional unit goals, to team goals, and to individual performance goals.

Read the entire page →

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