SPM Projects

SPM Projects is a web-based application which is specifically designed to support capital asset planning functions over the life of a project from concept to implementation. The application is extremely versatile and has been designed for use across a range of industry sectors such as local government, utilities, health, social housing and corporate property.

Using SPM Projects, organisations can make more informed planning decisions and prioritise projects with users being able to:

Maintain a clear overview of your planned projects
Make informed decisions about stages of implementation

SPM Projects is a proven application enabling organisations to:

Demonstrate and prove the degree of rigour used in the capital planning process
Demonstrate that all the considerations required have been addressed
Prove that such considerations have remained with the project right through the process
Manage risk to support the decision-making process
Show that how decisions have been guided on the selection of the:
- preferred option
- manner of allocating costs to funding sources
- mechanisms and choices for funding

Benefits

SPM Projects offers the following proven operational benefits, which have been widely acknowledged by customers:

View and maintain information on planned projects in order to easily make decisions on priority
Directly link projects to programmes to strategic objectives and levels of service so that the real costs of addressing organisational issues can be determined
Simplify reporting on cost prioritisation and organisational issues
Shorten decision cycles and clarify the process of choosing projects
Determine the cost of growth, renewals and modifications and justify funding streams
Display budgetary information over a user-defined period and manage capex and opex expenditure components
Support the decision making process with scenarios that provide options that can be assessed

Functionality Overview

Hierarchical Display - enables users to list programmes and projects by region, area or asset type

Project Lists - displayed on one screen so users can easily view summary information

Budgetary Information - the user can scroll through a summary of budget information assigned by programme and project on an annual basis for any number of years - all on the same screen

Cost Allocation - supports the justification of funding streams comprising primary components such as renewal, backlog, improvement and growth

Financial Management - comprehensive functionality to manage capex and opex expenditure timing combined with the ability to assess inflation and depreciation consequences

Financial Analysis - ability to calculate the Internal Rate of Return and Net Present Values using discounted cash flows for projects and scenarios

Funding Model - incorporates income streams, debit and credit interest, project timing and treasury rules

Asset Principles - enables users to record a range of information and sources that relate to the organisation's strategic objectives, levels of service or document control

SPM Projects Brochure