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10.1 - Plan and acquire assets

PCF ID: 10937 | Elements: 17 | Metrics Available: N | Benchmarkable: 2

Definition

Building and purchasing non-productive assets for the organization. Acquire and construct non-productive assets that are not yielding any income/profits to the business.

Overview

This process group covers plan and acquire assets within the broader context of Acquire, Construct, and Manage Assets.

Process Hierarchy

Processes

IDProcessPCF IDSub-elementsMetrics
10.1.1Develop property strategy and long term vision109413N
10.1.2Plan facility109435Y
10.1.3Provide workspace and facilities109442N
10.1.4Manage facilities operations109492N

10.1.1 - Develop property strategy and long term vision

PCF ID: 10941

Definition: Strategizing a long-term vision for managing properties. Prepare strategies and a long-term vision for managing purchased/retained properties.

IDActivityPCF IDTasksMetrics
10.1.1.1Confirm alignment of property requirements with business strategy109550Y
10.1.1.2Appraise the external environment109560N
10.1.1.3Determine build or buy decision109570N
10.1.1.1 - Confirm alignment of property requirements with business strategy

Definition: Creating alignment between the requirement of properties and the overall business strategy. This process requires the organization to align the requirement of properties in accordance with its business strategies of the organization.

10.1.1.2 - Appraise the external environment

Definition: Evaluating the impact of the external environment. Evaluate the circumstances, objects, events, and aspects surrounding an organization that affects its actions and selections and that recognizes its opportunities and risks.

10.1.1.3 - Determine build or buy decision

Definition: Deciding whether to buy or build properties. Study the market forces about property prices and cost of construction in order to take decisions based on the market research.

10.1.2 - Plan facility

PCF ID: 10943

Definition: Recognizing the needs of facility users in order to construct a project proposal that meets those needs.

IDActivityPCF IDTasksMetrics
10.1.2.1Design facility109580N
10.1.2.2Analyze budget109590N
10.1.2.3Select property109600N
10.1.2.4Negotiate terms for facility109610N
10.1.2.5Manage construction or modification to building109620N
10.1.2.1 - Design facility

Definition: Preparing and analyzing different designs for a facility in order to finalize which design will be the most suitable option.

10.1.2.2 - Analyze budget

Definition: Evaluating the feasibility of budgets prepared for the construction of facilities.

10.1.2.3 - Select property

Definition: Assessing and choosing the appropriate property. Analyze the property requirements. Review the available property options. Finalize the most suitable option.

10.1.2.4 - Negotiate terms for facility

Definition: Discussing the terms and conditions of facilities to be occupied according to the business requirements and availability of budgets.

10.1.2.5 - Manage construction or modification to building

Definition: Constructing the buildings. Manage renovations according to requirements and demands.

10.1.3 - Provide workspace and facilities

PCF ID: 10944

Definition: Managing the provision of the workspace and its assets. Arrange an office space with all assets (tables, chairs, computers, admin staff, etc.) according to requirements.

IDActivityPCF IDTasksMetrics
10.1.3.1Acquire workspace and facilities109630N
10.1.3.2Change fit/form/function of workspace and facilities109640N
10.1.3.1 - Acquire workspace and facilities

Definition: Attaining the office space with all assets (tables, chairs, computers, admin staff, etc.) according to requirements.

10.1.3.2 - Change fit/form/function of workspace and facilities

Definition: Modifying the formation of the workspace and its assets. Make necessary changes in an office space with all assets (tables, chairs, computers, admin staff, interior designing, etc.) according to requirements.

10.1.4 - Manage facilities operations

PCF ID: 10949

Definition: Managing all operational activities of the facility. Manage how each function/business unit works. Support the manufacturing facility to attain organizational goals.

IDActivityPCF IDTasksMetrics
10.1.4.1Relocate people109650N
10.1.4.2Relocate material and tools109660N
10.1.4.1 - Relocate people

Definition: Shifting staff or employees from one place to another place according to changes in business requirements.

10.1.4.2 - Relocate material and tools

Definition: Relocating the tools and raw materials. Shift raw or finished material and machines of company from one place to another place according to changes in business requirements.

Change Summary (v7.2.1 vs v6.1.1)

Changes indicated by:

  • +XXXXX - New element added
  • -XXXXX - Element removed
  • cXXXXX - Element changed
  • NEW - Newly introduced

Complete Element List with Definitions

All 17 elements
IDNameDefinition
10.1Plan and acquire assetsBuilding and purchasing non-productive assets for the organization. Acquire and construct non-produc...
10.1.1Develop property strategy and long term ...Strategizing a long-term vision for managing properties. Prepare strategies and a long-term vision f...
10.1.1.1Confirm alignment of property requiremen...Creating alignment between the requirement of properties and the overall business strategy. This pro...
10.1.1.2Appraise the external environmentEvaluating the impact of the external environment. Evaluate the circumstances, objects, events, and ...
10.1.1.3Determine build or buy decisionDeciding whether to buy or build properties. Study the market forces about property prices and cost ...
10.1.2Plan facilityRecognizing the needs of facility users in order to construct a project proposal that meets those ne...
10.1.2.1Design facilityPreparing and analyzing different designs for a facility in order to finalize which design will be t...
10.1.2.2Analyze budgetEvaluating the feasibility of budgets prepared for the construction of facilities.
10.1.2.3Select propertyAssessing and choosing the appropriate property. Analyze the property requirements. Review the avail...
10.1.2.4Negotiate terms for facilityDiscussing the terms and conditions of facilities to be occupied according to the business requireme...
10.1.2.5Manage construction or modification to b...Constructing the buildings. Manage renovations according to requirements and demands.
10.1.3Provide workspace and facilitiesManaging the provision of the workspace and its assets. Arrange an office space with all assets (tab...
10.1.3.1Acquire workspace and facilitiesAttaining the office space with all assets (tables, chairs, computers, admin staff, etc.) according ...
10.1.3.2Change fit/form/function of workspace an...Modifying the formation of the workspace and its assets. Make necessary changes in an office space w...
10.1.4Manage facilities operationsManaging all operational activities of the facility. Manage how each function/business unit works. S...
10.1.4.1Relocate peopleShifting staff or employees from one place to another place according to changes in business require...
10.1.4.2Relocate material and toolsRelocating the tools and raw materials. Shift raw or finished material and machines of company from ...

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