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Prescience will pay dividends

By: Series: Estates Gazette ; (0044) 4 November 2000, 133(1)Publication details: 2000Subject(s): Summary: 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.
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Journal article London Journal article X109231 (Browse shelf(Opens below)) 1 Available 109231-1001

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.