Demo

Life Cycle Project Planning Specilist

JLL
Cambridge, MA Full Time
POSTED ON 1/25/2025
AVAILABLE BEFORE 2/21/2025
Key Responsibilities:

Asset Strategy and Planning:

  • Skilled at conducting periodic data integrity reviews, field condition assessments, and advancing the Facility Condition Index to highlight risks and capital investment needs.
  • Well-versed in analyzing asset health and identifying conditions with high risks of failure, impacting business operations. Proficient in comparing operational and maintenance costs against capital replacement, while developing risk mitigation plans encompassing spare parts, increased maintenance, and associated costs to maintain assets in optimal working condition
  • Develop and implement comprehensive asset strategies and plans, aligned with organizational goals, to optimize the performance and value of assets throughout their life-cycle.
  • Conduct market research and analysis to identify emerging trends, risks, and opportunities in the relevant asset class.
  • Collaborate with internal stakeholders to define investment objectives, target returns, and risk criteria for asset acquisition and management.
  • Demonstrate a proactive focus on meeting client requirements in a timely and cost-effective manner.

Asset Updates and Due Diligence:

  • Maintenance of the data within the Asset database across multiple sites.
  • Ensuring information is updated as capital as facility projects are completed.
  • Evaluate and execute asset acquisition updates, performing financial analysis, feasibility studies, and due diligence.
  • Develop and maintain relationships with FMs, System Owners, and other client stakeholders to stay up to date on asset changes.
  • Assess the financial and operational viability of potential assets, considering factors such as work order history, physical condition, asset age, maintenance history and risk profile.
  • Development and management of a schedule for facility assessments across sites.

Risk Management and Compliance:

  • Carry out cost analysis, comparing the cost of operation and maintenance against potential capital replacement
  • Implement risk management strategies to mitigate potential risks associated with asset failures, work windows and lead times.
  • Monitor compliance with regulatory requirements, industry standards, and internal policies throughout the life-cycle of assets.
  • Conduct regular inspections, assessments, and audits to ensure assets are in compliance with legal, safety, and environmental regulations.

Financial Analysis and Reporting:

  • Advance the Facility Condition Index (FCI) to effectively highlight risks and prioritize capital investments.
  • Conduct financial analysis of assets, including ROI analysis and financial modeling, to support decision-making and optimize financial performance.
  • Prepare and deliver comprehensive reports on asset performance, investment returns, and financial metrics to stakeholders.
  • Monitor and evaluate asset performance against established benchmarks, identifying areas for improvement and implementing strategies to enhance returns.
  • Asset Data quality analysis.
  • Participation in the development of the annual and 1 year rolling plan and 5 year rolling capital plan.

Asset Disposition:

  • Develop and execute asset disposition strategies, coordinating with PMs, FMs, System Owners, and other professionals as necessary.
  • Perform financial analysis and valuation of assets to determine optimal timing and method of disposition.
  • Manage the sales process and negotiate contracts to ensure the best possible outcome for asset disposition.

Project Planning:

  • Support and develop Scope and budgets for small facility improvement projects, equipment additions and project feasibilities with options analysis.
  • Develop estimates and schedules to be included in a comprehensive Business Case Report (within standard template) for each assigned project.
  • Identify and address potential risks surrounding project, project logistics, budgets and scope.
  • Support capital planning budget and vendor contracts.
  • Oversee multiple vendors and professional services providers.

Requirements:

Bachelor's degree in Architecture, Engineering, Construction Management, or a related field is required. A Master's degree or relevant professional certifications (e.g., CCIM, CFA) is preferred.

Possesses a wealth of knowledge in various platforms, including Excel, Smart sheets, Maximo, VFA, Power BI, and PowerPoint. Demonstrates a strong understanding of mechanical and electrical systems within commercial building environments.

Proven experience as a Life-Cycle Asset Manager or similar role, with a track record of successfully managing a portfolio of assets throughout their life-cycle.

Strong financial analysis skills, including experience with cash flow modeling, ROI analysis, and risk assessment.

Experience In Pharmaceutical/life Sciences Preferred.

In-depth knowledge of asset management principles, practices, and industry trends.

Familiarity with relevant regulatory requirements and compliance standards.

Strong understanding and working knowledge of mechanical systems including HVAC, compressed air, central plant and electrical distribution systems.

Excellent communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all levels.

Advanced proficiency in financial analysis tools and software.

Strong organizational skills and attention to detail, with the ability to manage multiple assets and priorities.

Join our team and have a significant impact on asset value optimization and performance throughout the life-cycle. This role offers an exciting opportunity to contribute to the management and growth of our asset portfolio by leveraging your expertise as a VFA Asset Specialist.

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