Strategic Planning That Sees 20 Years Ahead
From Today's Decisions to Tomorrow's Infrastructure
Stop guessing about capital needs. AssetLab calculates exactly when assets need replacement, how much they'll cost, and which ones matter most—across a 20-year planning horizon. Learn more about FCI forecasting for asset management. Prioritize by risk, model funding scenarios, track facility condition trends, and justify every capital dollar with data that stakeholders trust. Ideal for facilities planning and asset management.
How Strategic Planning Actually Works
Four integrated modules that turn asset data into long-term strategic decisions
Asset Lifecycle Analysis
Calculate lifecycle percentage for every asset based on installation date, expected lifespan, and actual age. Identify assets approaching end-of-life across your entire portfolio.
Replacement Value Forecasting
Current Replacement Value (CRV) automatically calculated using purchase cost, installation year, inflation rates, and system-specific multipliers. Know exactly what replacements will cost.
Risk-Based Prioritization
Priority matrix combines Consequence of Failure (CoF) x Likelihood of Failure (LoF) across 6 impact categories: safety, service, environmental, financial, regulatory, and reputation.
Multi-Scenario Budget Planning
Model optimistic, realistic, and pessimistic funding scenarios. Track annual budgets by category, identify funding gaps, and forecast facility condition impact of budget constraints.
Your 20-Year Replacement Roadmap
Every asset's replacement timeline calculated based on lifecycle, condition, and strategic priorities
Balanced Approach
Assets Scheduled for Replacement
Risk-Based Prioritization Matrix
Replace assets based on actual risk, not just age. Prioritize by Consequence of Failure x Likelihood of Failure across 6 impact dimensions.
Safety Critical
CRITICALService Critical
HIGHModerate Risk
MEDIUMLow Risk
LOW6 Risk Assessment Dimensions
Safety Impact
Risk to personnel, public, or building occupants
Service Impact
Impact on operational continuity and service delivery
Environmental Impact
Environmental contamination or regulatory violation
Financial Impact
Direct costs and indirect revenue loss from failure
Regulatory Impact
Code compliance, permits, and legal obligations
Reputation Impact
Brand damage, stakeholder confidence, media attention
Risk Score Formula
Risk Score = Consequence of Failure (CoF) x Likelihood of Failure (LoF)
Each dimension rated 1-10, aggregated to calculate total CoF. LoF based on asset age, condition score, maintenance history, and manufacturer reliability data.
Facility Condition Index (FCI) Forecasting
Track facility deterioration over time. FCI = Deferred Maintenance Cost / Current Replacement Value
Site FCI History & Projections
Main Campus
5 buildings, 348 assets
South Facility
2 buildings, 127 assets
Warehouse Complex
3 buildings, 89 assets
Historical Tracking
AssetLab automatically records FCI snapshots over time, creating a historical trend for each site. Track improvement from capital investments or deterioration from deferred maintenance.
Annual Funding Budgets & Gap Analysis
Plan capital budgets by year, site, building, and funding source. Identify gaps early, justify requests, and track actual vs. planned spending.
Replacement
Repairs
PM
Total Portfolio Funding Gap: $2.1M
Current budget allocation falls short of required capital investments by $2.1M annually. Without additional funding, portfolio FCI will deteriorate from 6.2% to 14.8% over the next 5 years.
How Organizations Use Strategic Planning
"The 20-year forecasting completely transformed our capital planning process. We went from guessing at budget requests to presenting council with data-driven justifications backed by FCI trends and risk analysis. Our capital budget approval rate went from 60% to 95%."
"Risk-based prioritization saved us from a catastrophic failure. AssetLab flagged a chiller as CRITICAL due to safety and service impact scores, even though it was only at 75% lifecycle. We replaced it immediately—and the old one failed during removal. Would have shut down our data center."
"Being able to model optimistic, realistic, and pessimistic scenarios lets us prepare for different funding outcomes. We show the board what happens with full funding vs. budget cuts. The visualizations make complex decisions simple."
Related Articles
FCI Scores: Predict Facility Failures
How Facility Condition Index tracking transforms reactive maintenance into predictive planning.
FCI Forecasting: See the Future
How 10-year FCI forecasts turn capital planning into strategic foresight.
How to Create an Asset Management Plan
A comprehensive guide using ISO 55000 and industry frameworks.
Stop Guessing.
Start Planning.
Every asset tracked. Every replacement costed. Every risk quantified. Strategic planning that turns uncertainty into confidence—across 20 years of capital decisions.
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