Case Study
Public Works and Government Services
REAL ESTATE RISK ASSESSMENT
Need
Demonstrate value of concept in real scenarios
Outcome
Successful usage and new capabilities
The Canadian Federal Government owns, manages and leases billions of dollars of real estate. It reconciles the accommodation needs of a variety of departments (long and short term) with taxpayer value for money. To manage risk and execute real estate decision-making with foresight and objectivity, the department of Public Works follows a highly structured and well documented process of risk factor identification, assessment, and risk-based cost adjustments of potential scenarios.