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All Roads Lead to Real Property
How are government CFOs and real property professionals seeing their jobs intersect? Can you name at least two budget milestones that depend on that answer? This article provides an overview of not two, but three federal financial performance milestones that demand a complete understanding of real property.
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CASE STUDY: ISR Infrastructure 2005 Reduces Army Facility Improvement Cost Estimates
Changes to cost estimating methodology and tools for facility quality assessment have enabled the US Army to realize a 32% lower quality improvement cost estimate over past years.
For the past nine years, Army real property has been assessed with The Installation Status Report-Infrastructure (ISR-I) tool. ISR-I calculates facility quality and quantity ratings and improvement cost estimates. In 2005, major changes were made to the ISR methodology and process. This article looks at the new baseline set by ISR-I 2005 in how the quality of Army facilities is viewed.
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The Era of Full Accountability: Complying with Financial Regulations and Legislation
The federal government has introduced the "Era of Full Accountability" into both public and private sector business processes. Within the past 24 months, there has been a convergence of requirements and regulations related to disclosure controls and procedures. This article looks at five federal mandates, and explains the role of asset management in each. Milestones related to OMB Circular A-123 are examined in particular. |
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Enterprise Architecture and the PMA: Are You Missing a Key Component?
If your agency has not considered facilities and real property holdings in your federal enterprise architecture (FEA) strategy, you may be missing a key component of this President's Management Agenda (PMA) initiative.
This article discusses FEA compliance, and what you can do if you're not ready yet.
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