More extensive requirements in compliance reporting, plus changing student needs, are creating new challenges in university asset management. This, balanced with ageing property portfolios, and an ever-changing inventory of teaching assets, makes for a complex task. How do you best spend limited budgets?
SPM Assets has developed university asset management software, which is backed by our team of consultants and surveyors to assist you with the surveys, implementation, and strategic advice. SPM Assets has extensive experience in varsity asset management.
As you would expect from university asset management software, it can handle all types of assets: everything from buildings, furniture, to books and other teaching assets – e.g. laboratory and workshop equipment – it’s all covered. SPM Assets software provides you with a consolidated asset register, which is accessible by everyone who needs it, so your entire team has up-to-date information on the asset condition, performance and risk.
What’s more, our varsity asset management software will shorten decision cycles and clarify the process of choosing between projects to finance. The analysis and reporting tools provide you with scientifically based data to support your decision making. This is particularly helpful should you need additional funding to achieve your asset management goals.
SPM Assets’ tools allow you to easily identify your priority varsity building maintenance projects and establish budgets for the required works over the next 10 to 20 years. You will be able to prioritize works effectively to deliver improvements in your asset portfolio. This involves generating clear and detailed reports to assist with your funding applications.
These asset management case studies highlight how we work with our customers to benefit them:
The University of Southern Queensland has taken the 80/80/20 approach to strategic asset management. USQ is continually improving data, systems and processes and is seeing multiple benefits.
Continuous improvement of Otago Polytechnic’s asset planning approach covers strategic asset management planning, lifecycle forecasts, and evidence-based business cases for capital spending decisions.
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