Building investment prioritisation framework

Working with our client, and external engineers, we developed a framework for prioritising resilience investment across our client’s building portfolio. The process aimed to balance parallel and sometimes competing objectives including:

1.  life safety risk related to seismic hazards
2.  risks from other hazards, and
3.  the need to effectively and efficiently continue operations with minimal disruption.

The framework guides users through a process of defining the criticality of the building, considering factors such as: occupancy; requirements for post-disaster functionality; risk to neighbouring structures and access routes; and importance of building to organizational functionality day to day.  The framework also includes consideration of ongoing maintenance costs; costs to relocate services during building works; potential future uses of buildings, and opportunities to change the use of buildings or to achieve service improvements through investment options.

It is designed to be a collaborative process carried out by a cross-section of staff familiar with operational, strategic, and crisis functions of the organization.   Application of the framework will help to achieve a robust building portfolio that supports the effective day-to-day operation of the business now and into the future.