The POC Formula
Take a seat because this space is yours. Share your knowledge or ask a question to help others get the most out of their space management practices.
Recent Questions
What is a good density measure for a gaming company workspace?
Hi all. As a gaming company, our employees are highly creative and often need space to move around and collaborate with others. So, we don't want to pack too many people into a small space, because it could have a negative impact. Would anybody be able to suggest a good density measure that allows for collaboration and creativity while still maximizing space usage? Thanks.Asked 3 months ago
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Are BOMA standards for office buildings enforced by law in the US?
Hey everyone, I’m responsible for ensuring that our office building meets industry standards for safety and efficiency. I'm familiar with the Building Owners and Managers Association (BOMA) standards for office buildings, but I'm not sure if these standards are enforced by law in the US or if it's on a state-by-state basis. Can anyone please clarify this? Thanks.Asked 3 months ago
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What are the most essential workspace metrics to include in a report to management?
Hi, a new responsibility of mine is compiling a report on workspace metrics to present to our management team. So, I want to know what are the most critical workspace metrics that should be included in the report. My goal is to provide metrics that will help with management decisions to optimize our workspace for better performance and cost. Thank you!Asked 3 months ago
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What is the difference between capacity and occupancy in terms of costs?
I'm trying to understand the difference between capacity and occupancy and how these two metrics impact the overall cost of managing our facility. Could anybody provide an explanation? Thanks.Asked 3 months ago
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What are the cost implications of unused capacity?
Good day everyone. Can someone please explain to me the cost implications of unused capacity? Also, how does it affect our expenses, including factors such as maintenance, energy consumption, staffing, and implicit costs?Asked 5 months ago
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How to factor in different groups with variable desking needs into mobility ratios?
Hi all, I’m trying to calculate mobility ratios for our workspace, but I'm struggling to factor in different groups with variable desking needs. Our workforce includes a mix of full-time and part-time employees who have fixed desks, flexible desks, and those who are fully mobile and don't have a designated desk. I want to ensure that our mobility ratios accurately reflect the needs of these different groups and that we're optimizing our space for each group. Is there an effective method that can help? Thanks all.Asked 3 months ago
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Is the 3-30-300 rule still a good benchmark for a company’s costs per square foot?
Hello, I need to find a benchmark for my law firm's costs per square foot for our workspace. I've heard of the 3-30-300 rule that suggests the average costs per square foot for a building are roughly $3 for utilities, $30 for rent/mortgage, and $300 for payroll. I'm not sure if this rule is still relevant because it may not take changes in market conditions or new technology into account. Is the 3-30-300 rule still a good benchmark or are there better alternatives we should consider for a legal practice? Many thanks.Asked 3 months ago
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Can net present value (NPV) be used to measure workspace utilization?
I want to make sure that we're making the best decisions that take long-term financial impact into account, and I'm wondering if NPV can provide an accurate picture of this. Can anyone shed light on whether NPV can be used to measure the financial impact of workspace utilization? Thank you all.Asked 3 months ago
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What are alternative performance measures to ROI for workspace utilization?
Hello, I’m trying to evaluate the performance of our workspace utilization. While return on investment (ROI) is a common metric to measure the financial impact of workspace changes, I want to explore alternatives that can provide a more comprehensive picture. Which performance measures can I look at? Thanks.Asked 3 months ago
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What is the best way to calculate dwell time for different spaces within an office?
Hi all, I want to calculate the dwell time for different spaces in our office like workstations, conference rooms, and common areas. Can anyone suggest the best way to do this? Any pointers will be much appreciated.Asked 3 months ago
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