IBM TRIRIGA Version 10.5.0

Overview of real estate planning

With the IBM® TRIRIGA® Real Estate Manager application, you can configure the application process flow to fit your business process flow. You can also configure the application roles, form templates, plan types, project types, and action requests to fit your real estate planning needs.

Real estate process flows
Before you can decide to purchase or lease a property, you might consider how the real estate transaction fits into your real estate portfolio strategy. This consideration represents the real estate planning that occurs before the real estate contract management begins.
Real estate planning roles
When you sign in to the application, you are taken to your home page. From your home page, you can review your home portal or use the menu system to open the process portals available to your role. Use your menu bar to open other available portals. Your role determines whether one or more portals are available in your application.
Real estate planning templates
To prepare the application for real estate planning, you can use templates to quickly create records, avoid redundant data entry, and maintain consistency in records. These templates include critical to quality (CTQ) templates, transaction plan templates, and project transaction templates.
Real estate plan types
To organize your real estate strategies, budgets, forecasts, and scenarios, you can use several types of real estate plans. These plan types include portfolio plans, implementation plans, and transaction plans.
Real estate project types
To build the different transaction scenarios within each transaction plan, you can use many types of real estate projects. These project transaction types include acquisition, current terms, disposition, expiration, lease, sublease, and termination.
Real estate action requests
To generate your real estate projects, you can use several types of real estate action requests instead of real estate plans. These action request types include closure, expansion, lease expiration, new requirement, no change, and reduction.

Parent topic: Planning real estate transactions and projects

Related concepts:

Real Property Information Model

Overview of contract management

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