Capital Cost (Actual vs. Budget) metric

Identifies whether capital costs are within spending targets.

Details of the metric Description
Name Capital Cost (Actual vs. Budget)
Category Financial
Analysis objective Determines which buildings are within targets or are performing poorly in relation to budget goals. Use time trend analysis to compare seasonal peaks, anomalies, or trends.
Description Facilitates the measurement of actual costs against budgeted costs which are represented by cost codes in IBM® TRIRIGA®.
Source IFMA, BOMA, APPA
Measurement Capital Cost (Actual vs. Budget)
Dependent data that is calculated Financial Summary Object provides summary data for total capital costs.
Roles
  • EN Workplace Executive
  • ES Manager/Planner
  • FA Move Manager/Planner
  • OP Executive
  • OP Facility Assessment Manager/Planner
Display chart types Capture Period: Horizontal Grouped Bar (percent) Chart (Capture Period: Vertical Grouped Bar (percent) Chart)
Thresholds
  • Low Threshold: $.85/RSF
  • High Threshold: $1.50/RSF
  • Range 1: Under Budget/Caution/Yellow
  • Range 2: On Target/Positive/Green
  • Range 3: Over Budget/Negative/Red
Fact details Module: triMetricFact

Business Object: triBuildingCostFact

Metric Queries: triBuildingCostFact - Metric - Capital Cost Ratio (Actual / Budget) Metric
Drill paths
  • Geography
  • Location
  • Time
  • Service Class
  • Capture Period
Interactive filters
  • Geography
  • Location
  • Service Class
  • Building Tenure (Lease/Own)
  • Organization (from cost code organization)

For US Federal Government:

  • Geography
  • Location
  • Service Class
  • Real Property Type
  • Real Property Use
  • Mission Dependency
  • Legal Interest
  • Organization (from cost code organization)
Static filters Cost Type = Capital
Time Months
Data point refresh rate
  • Monthly
  • After month-end close and scheduled load of financial data