Asset investment planning
IFS Asset Investment Planning helps decide which assets to repair, replace or upgrade, and in what order. Projects are compared by risk, value and budget limits. It is built for companies with large infrastructure and multi-year capital programmes.
What the module does
Project prioritisation
Projects are ranked on several criteria: failure risk, safety, customer impact and cost. The company sets the weight of each criterion.
Risk assessment
Each asset is assessed for the likelihood and consequence of failure. Investments are compared by how much risk they remove.
What-if scenarios
Compare several versions of the programme under different budgets. See what happens to risk if a project is deferred.
Budget and tracking
Budget planning by year and tracking of spend. Plan and actuals for every project in one place.
Long-term horizon
The capital programme looks many years ahead. It accounts for asset ageing and regulatory requirements.
Condition data
Condition scores and repair history come in from EAM. Decisions rest on the actual state of each asset.
- Power grid, energy and water utilities
- Transport and industrial infrastructure
- CFOs and investment committees
- Heads of reliability and capital planning
- The capital programme is backed by data, not by whichever department asked first.
- Management sees the remaining risk under each budget option.
- Investment decisions are easier to explain to the board and the regulator.
Common questions
How long does an IFS Cloud rollout take?
The first phase usually takes 3 to 9 months, depending on the number of modules, sites and users and on how ready the data is. We give an exact plan after the diagnostic stage.
What does it cost?
The cost is the IFS Cloud subscription plus implementation work. The subscription depends on users and modules; the work depends on configuration, integrations and data migration. After the diagnostic stage we give an estimate and a five-year cost of ownership.
Can we keep 1C?
Yes. Often 1C stays for statutory accounting and tax reporting while IFS runs procurement, inventory, production, maintenance and management accounting. The two systems are integrated so nothing is entered twice.
Cloud or our own servers?
IFS Cloud can run in the cloud or on the company’s own servers. The choice depends on data-residency requirements, IT policy and budget. We compare the options at the design stage.
Do we have to roll out every module at once?
No. Most companies start with finance, procurement and inventory, or with asset management, and add other modules in later phases. It is one platform, so new modules work with the data already in it.
What happens after go-live?
In the first weeks after go-live we stay close to users and fix whatever gets in their way. After that comes support under a contract with clear response times, IFS updates and changes for new needs.