capital budgeting

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capital budgeting,

n the process of planning expenditures on assets, the returns of which are expected to extend beyond 1 year.
References in periodicals archive ?
A Facilities department may run a CMMS while a business office keeps track of capital planning with a different type of software.
As a key component in company investment governance, efforts in developing and employing capital planning processes will eventually pay off in improved business performance.
Long-term care facilities must learn to embrace a rigorous capital planning reserve strategy.
Empowered with detailed information about facilities and associated systems and powerful capital planning software provided by VFA, the Museum of Science is now better equipped to make informed decisions about future capital renewal investments," said John Slakey, Chief Financial Officer at the Museum of Science, Boston.
VFA has established itself as the leader in the facilities capital planning market," said John Martinson, Managing Partner at Edison Venture Fund and member of the VFA Board of Directors.
VFA's software suite is part of its award-winning, technology-based Capital Planning and Management Solution (CPMS[TM]) that integrates facility assessments, software products and business consulting services to aid organizations in strategically managing every stage of the capital asset lifecycleCofrom requirements gathering and long-term planning to capital budget creation and spend management.
VFA solutions play a key role in supporting BUMED's capital planning initiatives," said Dan Taber, Facilities Program Manager, Navy Medicine East at BUMED.
The integration enables RIVA to read and analyze asset data directly from SPL's EAM application to develop "what if" capital planning scenarios.
Seventeen federal organizations currently employ VFA's Capital Planning and Management Solution (CPMS(TM)) to enable the cost-effective management of their facility portfolios and to facilitate compliance with Federal Real Property Management standards outlined in Executive Order 13327.
the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced that Sandia National Laboratories has selected VFA's Capital Planning and Management Solution (CPMS(TM)) to support its multi-year capital planning and federal reporting.
the leading provider of software and services for facilities capital planning and asset management, today announced the addition of 12 new corporate clients, including 11 Fortune 500 corporations, to the growing list of customers that employ VFA solutions to optimize their investment in facilities capital assets.
the leading provider of software and services for facilities asset management and capital planning, today announced that the University of Massachusetts Medical School has selected VFA's integrated Capital Planning and Management Solution (CPMS(TM)) to support its creation of multi-year capital plans and budgets.
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