10.1108/jfm-12-2020-0091">
 

Document Type

Article

Publication Date

6-2021

Abstract

Excerpt: Limited facilities operating and modernization budgets require organizations to carefully identify, prioritize and authorize projects to ensure allocated resources align with strategic objectives. Traditional facility prioritization methods using risk matrices can be improved to increase granularity in categorization and avoid mathematical error or human cognitive biases. These limitations restrict the utility of prioritizations and if erroneously used to select projects for funding, they can lead to wasted resources. This paper aims to propose a novel facility prioritization methodology that corrects these assessment design and implementation issues.

Comments

© 2021 The Authors.

This article is published by Emerald, licensed under a Creative Commons Attribution 4.0 International License (CC BY 4.0), which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license, and indicate if changes were made.

Sourced from the published version of record cited below.


Please fully attribute the citation below in any re-use.

Funding note: This work was supported by the Air Force Civil Engineer Center [grant number AFIT2020-104].

Source Publication

Journal of Facilities Management (ISSN 1472-5967)

Download

Share

COinS