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Short-Term Needs

Capital projects that appear in the early to mid-phases of the tactical planning horizon.

Depending on the age of the building, these projects occur during the "childhood" life stage and the "adolescence" life stage of a building.


Attributes

Short-term needs are characterized by the following general attributes:

  • The short-term needs have high risk and close proximity to the base year.
  • Linear funding may not be sufficient to scale the lumps.
Short-term needs reflected on a 30-year strategic planning horizon.
Fig. Short-term needs reflected on a 30-year strategic planning horizon.

The three stages of a planning horizon: a) short-term needs; b) mid-range needs and c) long-range needs.
Fig. The three stages of a planning horizon: a) short-term needs (shown in red); b) mid-range needs; and c) long-range needs.

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