VISTA Develops First-Ever Asset Management Plan Generator
Management and IT Tool Facilitates Compliance with Executive Order 13327 on Federal Real Property Asset Management
Herndon, VA (6 JULY | 2005) - VISTA, a leading provider of real property asset analysis, IT and management services for the federal government, has developed an automated Asset Management Plan (AMP) Generator, to facilitate compliance with Executive Order 13327 on Real Property Asset Management (EO 13327). The AMP generator is designed to support VISTA's consultative service on behalf of federal agencies currently undertaking EO 13327 compliance.
A critical element in the President's Management Agenda (PMA), EO 13327 requires federal agencies to account for their real property assets within the overall cost of executing programs and missions. The order also requires agencies to assess whether their real property assets are sufficient for or in excess of what's needed to properly execute agency missions. Compliance with EO 13327 is administered jointly by the General Services Administration (GSA) and the Office of Management and Budget (OMB).
According to VISTA CEO and President David Baxa, "Getting from red to yellow on the PMA's balanced scorecard means developing an Asset Management Plan that not only tracks the inventory of an agency's real property assets, but also supports executive decisions regarding potential renovations or disposition of assets.
"Unfortunately," Baxa noted, "the difficulty many agencies face in the development of an Asset Management Plan for EO 13327 compliance is that data required by the OMB may be incomplete or difficult to retrieve. Existence of multiple data sources - including some information that may only be archived as hard copy - means that many agencies may be compiling and analyzing comprehensive real property data for the first time."
As an authority in EO 13327 compliance, VISTA supports federal agencies by
collecting and validating data. In addition, VISTA's AMP Generator enables rapid-fire assessments of multiple variables, to develop asset management strategies across multiple facilities.
The AMP Generator also offers flexibility in analysis and presentation of data elements to ensure compliance with the GSA's Federal Real Property Profile. The system allows for quick exports of findings to enable wide dissemination across agency lines of responsibility.
VISTA's AMP Generator creates a single data storage application that's transparent to agency operational requirements. This application facilitates real-time or near real-time data updates, with the capability of extracting, transforming and loading calculations as needed.
The AMP Generator is easily configurable and infinitely scalable. It allows for complete data element mapping to the XML format established by the GSA's Federal Real Property Profile. It also enables data to be indexed according to the four "tier one" performance measures set out by OMB: mission dependency, operating cost, utilization, and condition. Data weighting is applied to enable value-based decisions across these performance measures and for each individual asset or asset group within the inventory.
VISTA has also written a White Paper, "Federal Real Property Asset Management Planning: A Starting Point for Compliance with Executive Order 13327," which is available to qualified parties by sending an email to business@vistatsi.com.
About VISTA Technology Services, Inc.
VISTA Technology Services, Inc. (VISTA) is a leader in real property asset analysis, Information Technology and management consulting. VISTA uses IT to dramatically improve any organization's return on investment in fixed, financial and human assets. By comparing three critical business elements - mission strategies, auditable costs and investments, and optimized facilities and infrastructure portfolios - VISTA creates and implements information interoperability, data integration and decision support solutions that work within established enterprise IT architectures. VISTA's solutions transform facilities and infrastructure plans and operations into predictable cash flows, enabling any organization to make money, save money, and become more fiscally responsible - managing change from the ground up ®. For more information, contact VISTA at 703-561-4100, or visit www.vistatsi.com.
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