facility condition assessment: What is facility asset management?

The bottom line is that you need to first understand what you have in order to understand what condition it is in and to plan a strategy on how to maintain and replace each asset you have in your facilities. As a result, align investment strategy to business goals and reduce operation expenditure. In the meantime, facility managers find it essential to have a clear understanding of the current condition of asset portfolio to mitigate risk and make informed decisions on allocation of resources.

Existing Facilities

By leveraging existing facility resources to quickly assess assets of all types and portfolios of all sizes, organizations can greatly enhance the management of geographically dispersed facilities.

Centric Facility

Risk-based asset management strategy couples risk management, standard work, and condition-based maintenance to properly apply resources based on process criticality, provides web-based facility management software solutions in a space-centric way.

Powerful Management

You also design and implement strategies and systems that will give you maximum efficiency and long-term service, it means many things to many organizations, and its practices provide a solid foundation for programs that optimize the performance and cost-effectiveness of transportation facilities. In addition, powerful data management, analysis, and visualization capabilities deliver insight so you can increase the value of your portfolio.

Want to check how your facility condition assessment Processes are performing? You don’t know what you don’t know. Find out with our facility condition assessment Self Assessment Toolkit: