Asset Planning

Capital Asset Planning in a traditional financial sense involves calculating the value of an asset based, typically, on straight line depreciation over varying periods of time. Asset Planning in tomorrow's world will involve more carefully assessing the worth of an asset based on activities which truly extend the lifecycle of an asset and, hence, its book value. This requires integration of financial, maintenance, facility and capital program management systems to provide a comprehensive picture of the value, funding requirements, future liabilities and lifecycle of organizational assets.

TCPS® is the tool of choice to facilitate the capital asset planning process.