How often is the Facility Master Plan revised?

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Multiple Choice

How often is the Facility Master Plan revised?

Explanation:
Facility planning is tied to the organization’s strategic and capital planning cycle. After a new strategic plan is approved, the Facility Master Plan is revised to reflect the updated goals, projected service mix, patient volumes, and space needs, and to align capital investments and phased projects accordingly. This five-year cadence provides a realistic planning horizon for budgeting, project prioritization, and infrastructure changes, ensuring facilities support current strategy and anticipated growth. Updates every year would be too frequent and destabilizing for budgets; waiting ten years risks losing touch with evolving clinical programs and regulatory needs; updating only when a new building is proposed is reactive rather than proactive and can overlook broader portfolio planning.

Facility planning is tied to the organization’s strategic and capital planning cycle. After a new strategic plan is approved, the Facility Master Plan is revised to reflect the updated goals, projected service mix, patient volumes, and space needs, and to align capital investments and phased projects accordingly. This five-year cadence provides a realistic planning horizon for budgeting, project prioritization, and infrastructure changes, ensuring facilities support current strategy and anticipated growth.

Updates every year would be too frequent and destabilizing for budgets; waiting ten years risks losing touch with evolving clinical programs and regulatory needs; updating only when a new building is proposed is reactive rather than proactive and can overlook broader portfolio planning.

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