14A: Facility Management: A data driven risk framework to prioritize investment in Calgary’s Facility Portfolio
Date & Time
Wednesday, May 8, 2019, 10:00 AM - 10:30 AM
The City of Calgary has a corporate facility portfolio of 275 facilities providing over 4.3M sf of space. The Facilities Management business unit is responsible for the planning and delivery of investment in these facilities including $7.2M/year in lifecycle renewal. In 2018 Facilities Management in conjunction with Associated Engineering, developed a sophisticated data driven risk framework in line with its Integrated Infrastructure Risk Management Corporate Standard, to support the prioritization of investment in these facilities. The framework identifies facility and asset characteristics that support a quantified economic evaluation of risk and renewal maintenance strategies to resolve. This session will present a summary of the framework, the approach followed and highlight key elements of the development and implementation journey.
Location Name
Full Address
Delta Hotels by Marriott Grand Okanagan Resort
1310 Water Street
Kelowna BC V1Y 9P3