Skip to main content

Strategic asset planning that earns the budget

Condition tracked per site, replacements ranked by risk, and funding scenarios modeled side by side - so every capital request arrives with the data to back it.

20 yr
FCI forecast horizon
6
risk dimensions scored
3+
budget scenarios compared

Know the state of every site

The Facility Condition Index turns deferred maintenance into one reportable number per site - tracked over time, so you see condition improving or sliding.

Fund the real risk

Replacements ranked by consequence and likelihood of failure - not just age - so capital goes where failure would hurt most.

Show the future of every budget

Model funding scenarios side by side and see where each one takes your portfolio - before you commit to a path.

One number for every building's condition

The Facility Condition Index - deferred maintenance cost divided by replacement value - compresses a building's health into a single reportable figure. AssetLab records it over time, so investment and neglect both leave a visible trail.

  • FCI calculated and snapshotted per site automatically
  • Clear bands: good, fair, poor, critical
  • Trends show whether the capital plan is working
  • Forecast where each site is headed under current funding
Read how FCI scores work →
Facility condition index
Downtown Campus7.2% · Fair
20249.1%
20258.3%
20267.2%
Good
<5%
Fair
5-10%
Poor
10-30%
Critical
>30%
Improving year over year - the capital plan is working, and you can prove it
Risk score · Chiller 1
Consequence × likelihood
Consequence of failure · 6 dimensions
SafetyServiceEnvironmentalFinancialRegulatoryReputation
Consequence of failure4 / 5
Likelihood of failure4 / 5
Risk score16 · Top priority
Likelihood drawn from age, condition, and maintenance history

Replace by risk, not just age

An old asset that fails quietly can wait; a younger one that takes a building down with it cannot. Each asset's consequence of failure is scored across six dimensions and multiplied by its likelihood of failure - and the portfolio ranks itself.

  • Safety, service, environmental, financial, regulatory, reputation
  • Likelihood from age, condition, and maintenance history
  • A ranking that defends itself in budget meetings
Explore risk management →

Show what each budget actually buys

"We need more funding" loses to "here's what happens at each funding level." Model constrained, realistic, and optimistic scenarios side by side - each with its condition trajectory - and let the outcomes make the argument.

  • Multiple funding scenarios modeled in parallel
  • Condition impact of each path made visible
  • Replacement costs from CRV with inflation built in
Explore the asset replacement planner →
Funding scenarios · 20-year outlook
Three paths, three outcomes
Constrained$1.0M / yr
FCI → 12% Poor
Realistic$1.6M / yr
FCI holds at 7%
Optimistic$2.2M / yr
FCI → 4% Good
Decision-makers choose between outcomes, not abstractions

Prove what funding the plan is worth

Every forecast draws two lines on one chart: a baseline that assumes nothing is done and assets simply age out, and a Planner line that credits every replacement you've scheduled. The gap between them is the value of the budget - measured in condition and in dollars at the same time.

  • Baseline vs Planner shown together on FCI and Net PP&E
  • Driven by the replacement years you set on each asset
  • Drill in by site, building, or system class
  • One plan leadership and finance can both read
See how the Planner line proves ROI →
Capital forecast · 20-year outlook
Baseline vs Planner
BaselinePlanner
FCI forecastHigher = worse condition
28%6%
22-pt better FCI
Net PP&E forecastHigher = more book value
$4.1M$9.8M
+$5.7M retained
The gap between doing nothing and funding your plan - in condition and in dollars - is the business case for the budget.

And everything else you'd expect

Replacement cost modeling
CRV from cost, install year, and inflation
FCI snapshots
Condition history recorded per site over time
FCI forecasting
Project where each site is headed
Risk scoring
Consequence × likelihood of failure per asset
Deferred maintenance
Backlog quantified and tracked by site
Scenario comparison
Funding paths modeled side by side
Portfolio rollups
Condition and cost by site, building, system
Exportable reports
Council- and board-ready capital plans
Multi-site support
Unlimited sites, buildings, and locations

"The platform supports both the granular detail I need on the ground and the bigger-picture planning required for capital forecasting. As a non-profit managing public assets, we have a responsibility to demonstrate stewardship - and AssetLab gives us the data to back up our decisions."

Steve Good
Facilities Manager, Progressive Housing Society
5.0 Rating

Stop Guessing.
Start Planning.

Every asset tracked. Every replacement costed. Every risk quantified - across the full lifecycle of your portfolio.

No credit card required

Strategic Planning FAQ

Common questions about FCI, risk-based prioritization, scenario budgeting, and how AssetLab fits your planning cycle.

What is strategic asset planning software?

Strategic asset planning software connects the day-to-day asset data your team already maintains - age, condition, costs - to long-term capital decisions: what to replace, when, at what cost, and under which funding scenario. It replaces the once-a-decade consultant study with a living plan that updates as your portfolio changes.

What is the Facility Condition Index (FCI)?

The Facility Condition Index divides deferred maintenance cost by current replacement value. Below 5% is good; above 30% is critical. It compresses an entire building's condition into one number you can report, compare across sites, and track over time.

How does FCI forecasting work?

AssetLab records FCI snapshots per site as your data changes, building a condition history. Projecting deterioration and planned investment forward shows where each site is headed under the current budget - and what it would take to change the trajectory. Read about FCI forecasting.

How is replacement priority determined?

Each asset's risk score is consequence of failure × likelihood of failure. Consequence is assessed across six dimensions - safety, service, environmental, financial, regulatory, and reputation - while likelihood draws on age, condition, and maintenance history. The result is a ranking that defends itself in budget meetings. See risk management for details.

What is multi-scenario budgeting?

Instead of one take-it-or-leave-it number, you model multiple funding levels - constrained, realistic, optimistic - and see the condition impact of each path. Decision-makers choose between outcomes, not abstractions, which is how funding requests actually get approved.

How much does strategic planning software cost in Canada?

Capital planning tools are usually enterprise-priced or sold as consulting engagements. AssetLab offers transparent, published CAD pricing from $45 per user/month - covering FCI tracking, risk scoring, and scenario budgeting alongside the full CMMS. See pricing for details.