System and method for capital budgeting

• US 20090150201A1
• Filed: 12/05/2008
• Published: 06/11/2009
• Est. Priority Date: 12/07/2007
• Status: Abandoned Application

• Current Assignee: VFA Incorporated (Fortive Corp.)
• Original Assignee: VFA Incorporated (Fortive Corp.)
• Inventors: Bart, Thomas Frederick, Salamone, Frank Paul III, Dufresne, Raymond
• Application Number:
  US12/329,268
• Publication Number:
  US 20090150201A1
• Time in Patent Office: Days
• US Class Current: 705/7
• CPC Class Codes: G06Q 10/0631 Resource planning, allocation, distributing or scheduling for enterprises or organisations
• CPC Class Codes: G06Q 10/06313 Resource planning in a project environment
• CPC Class Codes: G06Q 40/02 Banking, e.g. interest calculation or account maintenance credit or loans G06Q40/03
• CPC Class Codes: G06Q 50/16 Real estate

Abstract

A system for generating a capital budgeting plan taking into consideration specific real property information and an objective List of Rules selected by a user(s) against which all projects are compared. The system generates a Ranked List of requirements based on the real property information and the List of Rules. The Ranked List is based on the objective criteria selected by the user to provide a transparent and defensible capital budget plan.

Claims

1. A method for generating a capital budgeting plan comprising the steps of:

storing real property information on a computer having a storage, the real property information including data relating to the current status and configuration of the real property;

forming a set of rules providing a relative ranking of project criteria for the real property, the project criteria selected from the group consisting of;

FCI, project category, project system, property use and combinations thereof;

inputting project information into the computer relating to real property projects for the real property;

ranking the real property projects based on the real property information and the set of rules;

generating a list of real property projects based on the ranking; and

displaying the ranked list to a user.

2. The method according to claim 1 wherein the sets of rules are determined by providing a relative ranking for FCI, project category, project system and property use.

3. The method according to claim 2 wherein the project category is selected from the group consisting of:

air quality, water quality, energy, environmental, functionality, code, life safety and combinations thereof.

4. The method according to claim 3 wherein the sets of rules are determined by providing a relative ranking for air quality, water quality, energy, environmental, functionality, code, life safety.

5. The method according to claim 2 wherein the project system is selected from the group consisting of:

exterior, plumbing, finishes, electrical, interior, roof and combinations thereof.

6. The method according to claim 3 wherein the sets of rules are determined by providing a relative ranking for exterior, plumbing, finishes, electrical, interior and roof.

7. The method according to claim 2 wherein the sets of rules further comprise property redundancy and are determined by providing a relative ranking for FCI, project category, project system, property use, property redundancy and combinations thereof.

8. The method according to claim 7 wherein the property redundancy is selected from the group consisting of:

multiple facility operation, secondary facility available operation, unique facility operation and combinations thereof.

9. The method according to claim 2 wherein the sets of rules further comprise the number of floors for the property and are determined by providing a relative ranking for FCI, project category, project system, property use, the number of floors for the property and combinations thereof.

10. The method according to claim 2 further comprising the steps of:

inputting additional project information into the computer relating to an additional real property project for the real property;

re-ranking the real property projects based on the real property information, the set of rules and the additional project information;

generating a list of real property projects based on the re-ranking; and

displaying the re-ranked list to a user.

11. The method according to claim 2 wherein the project information includes data selected from the group consisting of:

property identification, project description, project cost, project duration and combination thereof.

12. The method according to claim 11 further comprising the step of generating a graph listing project cost versus FCI.

13. The method according to claim 2 further comprising the steps of adjusting the position of a real property project on the list based on a user input.

14. A system for generating a capital budgeting plan for real property comprising:

a computer having software executing thereon for generating a capital budgeting plan;

a storage accessible by said computer;

real property information stored on said storage, said real property information including data relating to the current status and configuration of the real property;

a set of rules stored on said storage, said set of rules providing a relative ranking of project criteria for the real property, the project criteria selected from the group consisting of;

FCI, project category, project system, property use and combinations thereof;

project information entered into said software program, said project information relating to real property projects for the real property;

said software ranking the real property projects based on said real property information and said set of rules;

a list of real property projects generated by said software, said list based on the ranking; and

a display for displaying the ranked list to a user.

15. The system according to claim 14 wherein the sets of rules are determined by providing a relative ranking for FCI, project category, project system, property use.

16. The system according to claim 15 wherein the project category is selected from the group consisting of:

air quality, water quality, energy, environmental, functionality, code, life safety and combinations thereof.

17. The system according to claim 16 wherein the sets of rules are determined by providing a relative ranking for air quality, water quality, energy, environmental, functionality, code, life safety.

18. The system according to claim 15 wherein the project system is selected from the group consisting of:

exterior, plumbing, finishes, electrical, interior, roof and combinations thereof.

19. The system according to claim 18 wherein the sets of rules are determined by providing a relative ranking for exterior, plumbing, finishes, electrical, interior and roof.

20. The system according to claim 15 wherein the sets of rules further comprise property redundancy and are determined by providing a relative ranking for FCI, project category, project system, property use, property redundancy and combinations thereof.

21. The system according to claim 20 wherein the property redundancy is selected from the group consisting of:

multiple facility operation, secondary facility available operation, unique facility operation and combinations thereof.

22. The system according to claim 15 wherein the sets of rules further comprise the number of floors for the property and are determined by providing a relative ranking for FCI, project category, project system, the number of floors for the property and combinations thereof.

23. The system according to claim 15 further comprising:

inputting additional project information into the computer relating to an additional real property project for the real property;

re-ranking the real property projects based on the real property information, the set of rules and the additional project information;

generating a list of real property projects based on the re-ranking; and

displaying the re-ranked list to a user.

24. The system according to claim 15 wherein the project information includes data selected from the group consisting of:

property identification, project description, project cost, project duration and combination thereof.

25. The system according to claim 24 further comprising a graph listing project cost versus FCI generated by said software.

26. The system according to claim 15 wherein the relative position of a real property project on the list is adjusted based on a user input.