Capital Planning

The Capital Planner turns reliability data into a defensible spend plan, answering which assets to replace next year and what deferral costs.

Where to find it

Open Capital planner in the sidebar (sometimes shown as Scenarios). It opens to a portfolio view with replacement urgency, then drills into multi-year scenarios.

How it ranks assets

Each asset gets a replacement priority score from age versus expected life, condition score, criticality, replacement cost, and cost of failure (downtime hours times hourly impact). Tune weights under Settings, Capital planning, Weights.

Scenarios

A scenario is a what-if plan against a yearly budget. The planner solves for the optimal mix that replaces highest-risk assets first, stays under budget each year, avoids over-replacing one facility in one year, and limits churn. Run scenarios side by side to compare risk-reduction outcomes. The adjacent Planning chat answers what-if questions with cited evidence.

Output and tips

A finalized scenario gives a year-by-year list ordered by month, total spend versus budget, risk reduction at each step, sensitivity analysis, and an exportable PDF. Trust default weights then adjust with a clear reason. Update install dates, since age is the biggest driver and missing dates score conservatively. Re-run scenarios quarterly with fresh data. Treat output as a plan to negotiate, not a directive, and be ready to defend assumptions and budget shifts of plus or minus 20 percent.