CIPAce™

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Effective management of the Capital Improvement Program over the course of its lifecycle is for many agencies a complex and in some cases a daunting experience. The process can be challenging and the impact of getting it right or wrong is a direct result of the business processes and the information technology resources available for managing the Capital Program. The implementation of an effective Capital Program Management (CPM) process, or lack there of, can often influence the 'Bond Rating' for a municipality.

What are the typical challenges facing CPM?

• Managing a Complex Process through all Phases
• Effectively Managing a Capital Program Portfolio
• Single Source for Visibility and Control
• Analysis and Decision Management Support
• Ability to capitalize on Historical Data/Knowledge
• Multi-Year Planning and Ongoing Updates

How can these challenges be successfully met? It requires a solution that is more than just a Planning, Project Management, or Financial Management tool. It requires a tool that can address all of these functions in an integrated fashion, in the context of the overall Capital Program Portfolio and with the means to affect a comprehensive Decision Support and Process Management program.

CIPAce™ is a web-based Enterprise Software application specifically designed for Capital Program Management (CPM) over the course of the entire lifecycle. CPM typically includes Planning, Budgetary and Fund Management, and Project Management. CIPAce™, however, carries CPM to a higher level. CIPAce™ not only manages the Capital Program lifecycle, but it also manages the CPM process, literally enabling agencies to define, manage, and measure the performance of the Capital Programs and the projects within them. Additionally, CIPAce™ provides Capital Program Portfolio management, enabling agencies to assess, evaluate, and prioritize Capital Programs and their projects in order to determine the most optimal use of funds, with consideration given to criteria and factors in both quantitative and qualitative nature, such as fiscal, environmental, and public safety. Finally, CIPAce™ provides a comprehensive Decision Support and Knowledge management function, which are critical to achieving an effective CPM solution.

CIPAce™ is:

A Capital Program Management (CPM) System that is:

• A Portfolio and Decision Management tool for developing sound Capital Improvement Plans and Programs
• A Knowledge Management tool to store proposals, projects, funding plans and approvals
• A Data Management system to capture, control, and disseminate data during the process
• A Process Management Tool to organize and control the process
• A Project Management Tool enabling schedule and resource management
• An Issue and Risk Mitigation Management Tool
• A Single View and Source for effectively achieving CPM Integrating with other Enterprise Applications (ERP, CRM, Financial Systems, GIS, and Legacy Systems)
• A Program Management Tool for managing Capital Improvement Programs over their Lifecycle

If you are a smaller organizations looking for a work-group based product, you may want to look at our Microsoft Access-based solution CIPAccess.