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ACES Presidential Conference 2011 Turning Data into Wisdom Terry Pitt MSc FRICS MIAM © Atrium Software Ltd 2011.

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Presentation on theme: "ACES Presidential Conference 2011 Turning Data into Wisdom Terry Pitt MSc FRICS MIAM © Atrium Software Ltd 2011."— Presentation transcript:

1 ACES Presidential Conference 2011 Turning Data into Wisdom Terry Pitt MSc FRICS MIAM © Atrium Software Ltd 2011

2 Turning Data into Wisdom © Atrium Software Ltd 2011

3 Turning Data into Wisdom © Atrium Software Ltd 2011

4 Turning Data into Wisdom © Atrium Software Ltd 2011 Acquisitions & disposals Customer impression Capital works Occupancy costs Public image Space utilisation Suitability Waste Emissions Regulation Condition Operation costs Asset valuations Consumption

5 Turning Data into Wisdom © Atrium Software Ltd 2011 Acquisitions & disposals Customer impression Capital works Occupancy costs Public image Space utilisation Suitability Waste Emissions Regulation Condition Operation costs Asset valuations Consumption

6 Property performance Use Environmental Compliance Ownership Asset valuation Public image Capital works Space utilisation Occupancy costs Waste Regulation Condition Emissions Modified from the Woodhouse Partnership Ltd shamrock diagram Operational costs Acquisitions & disposals Suitability Corporate & social responsibility Customer impression Consumption Turning Data into Wisdom © Atrium Software Ltd 2011

7 Use Environmental Compliance Ownership Corporate & social responsibility Ownership Use Corporate & social responsibility Environmental Compliance Turning Data into Wisdom © Atrium Software Ltd 2011

8 This portfolio performance data can then inform OGC Gateway 0: Strategic Assessment This Strategic Assessment appraises scenarios by evaluating the costs and resulting portfolio performance of policies such as: Maintain Improve Refurbish Demolish Dispose Build Acquire Turning Data into Wisdom © Atrium Software Ltd 2011

9 The selected scenario data can then inform OGC Gateway 1: Business Justification This business justification comprises a costed programme together with the resulting portfolio performance in terms of property scorecards OGC Gateway 1 leads to OGC Gateway 2, Procurement Strategy or RIBA work stage B, Design Brief Turning Data into Wisdom © Atrium Software Ltd 2011

10 Turning Data into Wisdom Managing Data Intelligently © Atrium Software Ltd 2011

11 Turning Data into Wisdom © Atrium Software Ltd 2011

12 Identify the property needs of the organisation Identify the performance measures that will inform whether these needs are being met Integrate the performance measures in a property scorecard Use the performance data to support the selection of potential actions (scenarios) Use the scenario outcome data to inform the programme of future actions Ensure the organisation has the operating model to achieve this Turning Data into Wisdom Summary © Atrium Software Ltd 2011

13 Turning Data into Wisdom Thank You Terry Pitt MSc FRICS MIAM © Atrium Software Ltd 2011


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