Facilities Forward with Benchmark

Episode 7 – Lowest Cost vs Best Value: How Capital Committees Decide

13 min · 7. Mai 2026
Episode Episode 7 – Lowest Cost vs Best Value: How Capital Committees Decide Cover

Beschreibung

In this episode we explore how pavement decisions are evaluated at the capital committee level, including tradeoffs between first cost, lifecycle value, risk, and predictability. It clarifies how “lowest cost” often differs from “best value.”

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Episode Episode 5 – Making Pavement Decisions When You Don’t Control the Budget Cover

Episode 5 – Making Pavement Decisions When You Don’t Control the Budget

In Episode 5 of Facilities Forward with Benchmark, we tackle a common challenge faced by facility managers: making pavement decisions without budget control. Join us as we delve into the intricacies of advocating for pavement maintenance amidst competing priorities and the complexities of capital planning. Troy and I discuss the importance of effective communication with upper management, emphasizing the need for data-driven insights and visual evidence to support funding requests. We explore strategies for documenting pavement conditions and tracking deterioration to strengthen your case for investment. If you're a facility manager striving to elevate your asset management game, this episode offers practical advice to help you navigate budget constraints and advocate for the longevity of your pavements. Tune in for valuable insights that could transform your approach to facility management.

9. Apr. 202612 min