Rationalising the Higher Education Estate
The HE estate is the second biggest cost after salaries. This extensive space is a fantastic enabler to transforming and making a more financially sustainable future for the university. Effective transformation can even include longer-term goals, such as:
- Space Utilisation
- Capital Development
- Backlog Maintenance
- Achieving Net Zero Targets
By integrating estates data across business and estates teams, universities can start rationalising their estate. Within this guide, we demonstrate the various ways in which Provelio has supported various Universities with the rationalising their estate to achieve strategic goals.
Rationalise your HE Estate through a Digital Approach
The Higher Education industry is experiencing a financial sustainability crisis. Student numbers historically have been increasing steadily, but over the last few years external factors have seen these numbers dramatically decline. The financial sustainability of universities is under strain, and it is clear that universities need to find cost saving solutions. The answer could be within their estates.
University estates are expensive to provide and maintain, with constant factors effecting their evolution. From decarbonisation to backlog maintenance, each building and room can have a dramatic impact on costs. Many universities are already considering how to save money on their estate, from mergers to acquisitions, course planning revisions and the rethinking of space allocation.
In our latest publication, we explain how the integration of estates data into business decisions can help senior leadership teams with rationalising their estate. Robust and auditable models can be created that will respond quickly to rapid changes. Within this publication, we present case studies of how Provelio have developed digital estates systems for HE leaders and managers. These examples demonstrate our digital and data led approach to rationalising estates data.
How we have helped others Rationalise their Estates Management
Mergers & Acquisitions Compliance
Utilised estates data to analyse estate conditions for due diligence in complex mergers to determine estates compliance and prepare a remediation intervention programme.
Space Benchmarking & Utilisation
Implemented a future space planning model that reduced the complexity and time required to generate timetables, optimised space utilisation and enhanced strategic planning.
Backlog Maintenance Programme
Integrated all estates data, including maintenance and projects, into a tool that aids in selecting and prioritising projects, leading to significant cost reductions by merging functional and delivery budgets.
Campus Consolidation
Devised strategic plans for relocation and rationalisation projects whilst ensuring locations could continue operating as usual.
Digital Programme & Project Monitoring
Developed a system for efficient project and programme management that is integrated with finance systems to create custom dashboards for quick identification of issues.
Decarbonisation
Development of an actionable roadmap to meet carbon reduction targets that tracks progress, utility costs, carbon savings and overall impact on the estate.
A Fresh Approach to Rationalising your HE Estate
Download a copy of our guide to find out how we can help you rationalise your estate.
Useful Resources
Provelio Research, insights and guidance on how you can change your organisation and projects for the better. All available now to download.
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