AssetWorks Case Studies Assetworks Success Story: University of Central Florida, Office of Risk Management

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	Assetworks Success Story: University of Central Florida, Office of Risk Management AssetWorks

Assetworks Success Story: University of Central Florida, Office of Risk Management

AssetWorks

Applicable Industries	Education
Applicable Functions	Facility Management
Use Cases	Asset Health Management (AHM)
Challenge	The Office of Risk Management at the University of Central Florida (UCF) is tasked with the protection of all human and physical assets within the university. This includes over 300 buildings and 250 golf carts, with a total insurable value of nearly $1.4 billion. The university also has to track all capitalized assets within each building. The challenge was to maintain integral data on buildings, complete risk assessments, and develop risk mitigation strategies. Read More
About Customer	The University of Central Florida (UCF) is a large educational institution located in Orlando, Florida, with 11 additional regional campus locations throughout Central Florida. It is the largest university in the nation, with more than 66,000 students currently enrolled. The university is responsible for over 300 buildings and 250 golf carts, with a total insurable value of nearly $1.4 billion. The Office of Risk Management at UCF is responsible for the protection of all human and physical assets within the university. Read More
Solution	UCF utilizes AMP Property Risk Management software from AssetWorks to manage its assets and risks. The software is user-friendly and intuitive, designed based on decades of experience in the property insurance appraisal industry. It incorporates ideas for features and design from risk managers, brokers, and other experts from across the country. The 'Building Attributes' feature in AMP allows UCF to store and manage detailed information related to its buildings, from basics like location, building use, and construction class, to more complex information like COPE and CAT modeling data. This information helps UCF secure more favorable ratings and make informed decisions about its property portfolio. AssetWorks also runs on two-week development cycles called sprints, which means that bug fixes and new features are rolled out all the time. Read More Log in to view content
Contents

Applicable Industries

Education

Applicable Functions

Facility Management

Use Cases

Asset Health Management (AHM)

Challenge

The Office of Risk Management at the University of Central Florida (UCF) is tasked with the protection of all human and physical assets within the university. This includes over 300 buildings and 250 golf carts, with a total insurable value of nearly $1.4 billion. The university also has to track all capitalized assets within each building. The challenge was to maintain integral data on buildings, complete risk assessments, and develop risk mitigation strategies.

About Customer

The University of Central Florida (UCF) is a large educational institution located in Orlando, Florida, with 11 additional regional campus locations throughout Central Florida. It is the largest university in the nation, with more than 66,000 students currently enrolled. The university is responsible for over 300 buildings and 250 golf carts, with a total insurable value of nearly $1.4 billion. The Office of Risk Management at UCF is responsible for the protection of all human and physical assets within the university.

Solution

UCF utilizes AMP Property Risk Management software from AssetWorks to manage its assets and risks. The software is user-friendly and intuitive, designed based on decades of experience in the property insurance appraisal industry. It incorporates ideas for features and design from risk managers, brokers, and other experts from across the country. The 'Building Attributes' feature in AMP allows UCF to store and manage detailed information related to its buildings, from basics like location, building use, and construction class, to more complex information like COPE and CAT modeling data. This information helps UCF secure more favorable ratings and make informed decisions about its property portfolio. AssetWorks also runs on two-week development cycles called sprints, which means that bug fixes and new features are rolled out all the time.

Impact #1	The AMP Property Risk Management software has enabled UCF to effectively manage and protect its assets.
Impact #2	The software's user-friendly design and intuitive features have made it easy for UCF to store and manage detailed information about its buildings.
Impact #3	The continuous improvement approach of AssetWorks ensures that the software is always updated with new features and bug fixes.

Impact #1

The AMP Property Risk Management software has enabled UCF to effectively manage and protect its assets.

Impact #2

The software's user-friendly design and intuitive features have made it easy for UCF to store and manage detailed information about its buildings.

Impact #3

The continuous improvement approach of AssetWorks ensures that the software is always updated with new features and bug fixes.

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Overview

Assetworks Success Story: University of Central Florida, Office of Risk Management

Operational Impact