Organizations face challenges in planning/managing capital improvement plans and associated financial requirements while balancing resources, customer expectations, regulatory changes, and population growth. Along with these challenges, there are difficult questions to answer, such as, “What projects do we retain or trim?” and “What are the financial implications of changing schedules in terms of cash flow?” Traditional methods of financial planning/forecasting often rely on cumbersome spreadsheets, which makes answering these questions inadequate, complex, and time-consuming. Traditional approaches also hinder effective communication with key stakeholders who must endorse these programs. Ather question arises: How do we harness emerging techlogies to elevate decision-making processes, optimize strategies, and clearly communicate the results? This presentation will highlight the benefits of using modeling scenarios. By leveraging what-if scenarios, you can streamline revenue sources, enhance capital improvement planning, and optimize budget allocation processes. This process incorporates crucial data on project schedules, costs, and financial sources and gives the ability to fine-tune individual projects to accurately predict their financial impact on cash flow, debt service, and project milestones. The speaker will demonstrate how using a graphical approach simplifies the task of developing capital improvement plans and how it educates the end-user.
At the conclusion of this session participants will be better able to:
• Recognize how to match funding sources to minimize financing costs.
• Promote the benefits of what-if scenario planning.
• Present their plan to internal and external stakeholders to obtain buy-in.

Contributor/Source

Jerry Holder

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