Building a funded capital plan.
Most estates have more work than money. A funded plan is not a list of everything that needs doing; it is the set of work that delivers the most for the budget available, in the right order.
Start with what each item costs to put off, not just what it costs to do. That turns a backlog into a ranking, and makes it clear which items can safely wait.
- Price the cost of waitingRank work by what delay would add, not by condition alone.
- Set the envelope firstAgree the budget for each year before choosing what fits inside it.
- Group work sensiblyCombine items at the same site to save on access and disruption.
- Keep it liveRevisit the plan when costs, conditions or budgets change.