"Chapter 7: Capital Renewal: Putting the Audit to Work"
Author: Kaiser, Harvey H.
Published In: The Facilities Audit: A Process for Improving Facilities Conditions
Discusses the problems of deferred maintenance in higher education and response to several books focusing on this concern. Notes that in the new strategy for dealing with facilities deterioration, the financial perspective defines protection of capital assets as a process of capital renewal of plant assets. Covers capital renewal planning, project prioritization, resource allocation, funding/planning, and the management renewal challenge. This volume updates the author's 1982 book, Facilities Audit Workbook: A Self-Evaluation Process for Higher Education.
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