Home        About       News       Library       Contact
3

Resource Allocations

The process and decisions of allocating and deploying money, people, equipment and other benefits to an event, project, or program across:

  • The different assets within a single building
  • The different buildings/facilities within a portfolio


Purpose
The primary purpose of resources allocations is to address the following:


Management Tools
Resource allocation decisions are supported by analysis of the following correlations:

Additional information on each of these matrix tools can be found on their corresponding pages in this asset managment learning portal.
1  Roof renewal project
Fig. Sealant inspections (left) and roof renewal (right) are examples of projects requiring resource allocation decisions.


A sample of a condition-priority matrix for a large portfolio of facilities from different departments
Fig.  
A sample of a condition-priority matrix for a large portfolio of facilities from different departments (identified by colour coding).


Each organization must find its optimal resource mix, which is the appropriate balance between internal competency development of its staff and contracting with external 3rd parties.
Fig. Each organization must find its optimal resource mix, which is the appropriate balance between internal competency development of its staff and contracting with external 3rd parties.


I. Care is strategizing in order to allocate limited resources across a portfolio of buildings
Fig. I. Care is strategizing in order to efficiently and effectively allocate the limited resources across a portfolio of buildings.

See also:


(c) Copyright Asset Insights, 2000-2013, All Rights Reserved - "Insight, foresight and oversight of assets"