Principles for Asset Management System Implementation:  Performance-Budget Integration
Asset Management Partnership LLC, www.assetmanagementpartnership.com

Principles for Asset Management System Implementation: Performance-Budget Integration

The link below goes to a miniseries on principles for Asset Management System (AMS) implementation. This week's highlight principle is - Performance-Budget Integration. It is stated as follows:

“Performance–Budget Integration:?Investment decision-making frameworks must evaluate planned-versus-actual performance in a way that can simultaneously measure a performance gap (e.g., a requirement) and the means to remedy the gap related to budget development.”

Source: NASEM - Strategies to Renew Federal Facilities, 2023.

You can read the full article at https://amp4outcomes.substack.com/

Peter Cholakis

Improve facilities repair, renovation, maintenance, and new build outcomes and reduce costs

2 个月

COST VISIBILITY remains a fundamental issue that all federal agencies must address prior to any potential for achieving cost management. Objective, verifiable, current, and local market labor, materials, and equipment cost, and construction task data is required for EVERY contractor proposal, whether for repair, renovation, maintenance, or new builds. Without this fundamental procedural step, financial and environment waste across the federal sector with remain rampant. Beyond time for continuous, competent, and accountable LEADERSHIP! https://4bt.us/unit-price-book/

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