Capital renewal index metric

Correlates the total capital investment in a facility relative to the current replacement value (CRV).

Name
Capital Renewal Index
Category
Portfolio
Analysis objective
Determines the ongoing capital investment in capital improvements and renovations against the Current Replacement Value (CRV) for the facilities. View this metric over time to show, analyze, and adjust programs based on observed trends.
Description
Informs management of the capital investment in a facility that is related to the replacement value of the facility. It is a key performance measure that provides the capital-side view of facility expenditures.
Source
IFMA, APPA
Measurement
Total Capital Cost / Total Current Replacement Value (CRV)
Dependent data that is calculated
  • Total Capital Cost: Sum of Financial Summary table filtered for Cost Type = Capital
  • Total Current Replacement Value: Building Condition Assessment Tab holds the Current Replacement Value for each building (CRV = Gross Area * Cost per Area)
Roles
  • EN Workplace Executive
  • ES Manager/Planner
  • OP Executive
  • OP Service Manager
  • OP Facility Assessment Manager/Planner
Display chart types
  • Value-based: Horizontal Grouped Bar (percent) Chart (Capture Period: Vertical Grouped Bar (percent) Chart)
  • Score-based: Horizontal Stacked Bar Chart (Capture Period: Vertical Stacked Bar Chart)
Thresholds
  • Low Threshold: .1 (10%)
  • High Threshold: .2 (20%)
  • Range 1: Low Capital Investment/Caution/Yellow
  • Range 2: Medium Capital Investment/Positive/Green
  • Range 3: High Capital Investment/Caution/Yellow
Fact details
Module: triMetricFactBusiness Object: triBuildingFact

Metric Queries: triBuildingFact - Metric - Capital Renewal Index, triBuildingFact - Metric - Capital Renewal Index (Score)

Drill paths
  • Geography
  • Location
  • Building Class
  • Building Tenure
  • Capture Period
Interactive filters
  • Geography
  • Location
  • Building Class
  • Building Tenure

For US Federal Government:

  • Geography
  • Location
  • Real Property Type
  • Real Property Use
  • Mission Dependency
  • Legal Interest
Static filters
Include Active Status Dimensions Only
Time
Months
Data point refresh rate
Monthly
License dependency
  • IBM® Maximo® Real Estate and Facilities Facility Assessment
  • IBM Maximo Real Estate and Facilities Operations
Functional dependency
  • Building (Current Replacement Value fields)
  • Financial data from external corporate system