Planning in the context of Totex and Value is a new world for most. Historically most of us have drawn from separate buckets of capital spend (Capex) and operational spend (Opex), without necessarily tying these together in a whole-of-life total expenditure (Totex) view.
Similarly, many plans have been based on asset condition or risk, whereas our assets are primarily meant to generate value – which should be a key metric to decide when and how much to spend.
Not only do these new concepts require a platform to manage, but they also require a new approach to planning including organisational alignment and behaviours.
Watch this webinar to learn:
• How to leverage Totex to gain better whole-of-life cost insights
• Understand how to determine the overall value derived from assets and projects
• Reach optimal decisions by combining Totex and Value
• What this means for your organisation
Martin Kerr, Structured Change
Boudewijn Neijens, Copperleaf