Prescience will pay dividends

Weng, L.

Prescience will pay dividends - 2000 - Estates Gazette (0044) 4 November 2000, 133(1) .

Property can account for as much as 40% of a business's total costs. Suggests that the key to keeping such costs down, and prolonging the life of a building, is a well-planned facilities management regime. A well-planned programme could save a company as much as 20% of maintenance costs over the life of a building. Recommends that a facilities management strategy be drawn up as early as possible, to enable operational issues to be built into a building's design. Suggests that effective planned maintenance requires: an asset register and feedback; a condition-based asset plan; a whole life-cycle plan; planned, regular maintenance and reactive maintenance and minor repairs management. Notes that another important benefit of planned maintenance is lower reactive maintenance costs.


COST SAVINGS
BUILT ENVIRONMENT-BUILDING MAINTENANCE AND REFURBISHMENT
BUILDINGS
REPAIRS