APQC Process Classification Framework (PCF) Cross-Industry 7.4
10.0 Acquire, Construct, and Manage Assets – APQC Process Classification Framework (PCF) Cross-Industry 7.4

APQC Process Classification Framework (PCF) Cross-Industry 7.4 10.1: Plan and acquire assets (10937)

What does 10.1 require?

This process group covers the front end of asset ownership, beginning with a property strategy and long term vision that is checked against the wider business strategy and against conditions in the external environment. It includes deciding whether to build, buy or lease, then planning the facility through design, budget analysis, site selection, negotiation of terms and oversight of construction or modification. It also covers supplying the workspace itself, both acquiring facilities and changing their fit, form or function as needs shift. The group closes with day to day facilities operations, notably moving people and moving material and tools between locations.

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