FEA’s Chris Hodges and Tim Carey will speak about Total Cost of Ownership (TCO) at the Southeastern Region APPA (SRAPPA) Annual Conference on Tuesday, October 31 at 3 pm.
The presentation will focus on how to use Total Cost of Ownership (TCO) as a framework to strategically plan for facilities throughout their lifecycle. The presentation is entitled, The Facility Life Cycle: Getting the Whole Picture Through the Lens of Total Cost of Ownership.
Here is an abstract from the presentation:
Managing higher education facilities requires focused coordination between those who plan and build, those who operate, and those who plan for capital renewal.
The links between the phases of a facility life cycle are often tenuous and not always under united leadership, resulting in missed opportunities to maximize integration and collaboration. Total Cost of Ownership (TCO) provides a framework that values all perspectives to ensure integration throughout the facility life cycle.
This presentation provides a framework for operating, renewing, and changing requirements to optimize the plan.