Case Study

Public Works and Government Services

REAL ESTATE RISK ASSESSMENT

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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.