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By John H. Cable and Jocelyn S. Davis in conjunction with the Federal Facilities Council Ad Hoc, Committee on Performance Indicators for Federal Real Property Asset Management, National Research Council

Greater than 30 federal departments and corporations with a variety of missions and courses deal with huge inventories of amenities, often known as portfolios. those portfolios differ size-wise from a couple of hundred to greater than 100000 person buildings, constructions, and their aiding infrastructure. they're various by way of facility varieties, mixture of forms, and geographic dispersal. For federal senior executives, amenities portfolio-related judgements revolve round the allocation of assets (staff, investment, time) for acquisition, protection, operation, fix, and disposition of amenities. To make educated judgements, senior executives require info that would let them resolution such questions as: What amenities can we have? What are they in? What amenities are had to help the organization's missions? This research lays out a framework for constructing and comparing tendencies in amenities portfolio stipulations, investments, and prices and identifies a suite of key signs that may be used to trace functionality over the years. many of the symptoms are presently in use in a few federal companies; others might want to be constructed.

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John is a graduate of Clemson University and Catholic University and is a doctorial candidate in project management at the University of Maryland. He is a licensed architect and is certified by the Project Management Institute as a Project Management Professional (PMP). John is currently managing research on project performances metrics and is doing research on effective project performance reporting techniques. 40 APPENDIX B 41 Jocelyn S. Davis is an experienced nonprofit executive, having served both as the chief financial officer of the ICMA Retirement Trust and Retirement Corporation and as the chief financial officer of AARP, formerly the American Association of Retired Persons.

D) The Administrator of General Services, in consultation with the Federal Real Property Council, may establish data and other information technology (IT) standards for use by Federal agencies in developing or upgrading Federal agency real property information systems in order to facilitate reporting on a uniform basis. Those agencies with particular IT standards and systems in place and in use shall be allowed to continue with such use to the extent that they are compatible with the standards issued by the Administrator.

Such officer shall have the education, training, and experience required to administer the necessary functions of the position for the particular agency. (b) The Senior Real Property Officer shall develop and implement an agency asset management planning process that meets the form, content, and other requirements established by the Federal Real Property Council established in section 4 of this order. The initial agency asset management plan will be submitted to the Office of Management and Budget on a date determined by the Director of the Office of Management and Budget.

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