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June 19, 2018
4 reasons FM’s should monitor and evaluate their buildings
Megnote Tessema

The average value of new assets continues to trend-up. Fortunately, there have been some exciting technological advances that allow FM’s to keep pace with the demands of the modern marketplace. With the assistance of smart systems for asset monitoring, FM’s are able to control even the largest buildings from a single screen.

Here are some of the reasons why FM’s should consider a more proactive approach to the health of their buildings:


Early detection of possible problems

When potential issues and anomalies are discovered before incidents occur, it usually costs less to repair, than broken parts do to replace. However, if early signs are ignored, problems can escalate to necessitate urgent repairs. To identify the issues that require preventive work, FM managers need to be thoroughly familiar with their building/s and actively monitor all parts of buildings in real-time. This facility will allow him/ her to spot any irregularities and investigate when something unexpected happens.


Improved performance and comfort

Poor maintenance can cause inconvenience at every step, effectively hampering teams in their effort to conduct their day to day jobs. Malfunctioning HVAC systems or stuck elevator doors may not be catastrophic events, but they can easily disrupt the normal operation of a building and endanger critical business projects. Even new, high-tech buildings can be challenging to work in unless FM is taken seriously.


Lower costs of maintenance

Companies don’t usually budget for large amounts of capital to spend on repairs and renovations. As such, they would be wise to invest in the prevention of recurring issues and catastrophic failures rather than stay limited to reactive maintenance. Empowering FM professionals to use the right technology is a smarter alternative to enduring a constant drain of money through incessant repairs.

Technology can also help reduce the size of the maintenance team that’s required on a permanent basis, which amounts to considerable savings annually and allows those funds to be redirected to profit-making sectors.


Slower depreciation of capital value

Crucially, facilities management protects the financial value of buildings. While equipment depreciates with time, the speed of this process greatly depends on the efforts and skills of FM’s. Corporate or residential buildings that have been responsibly kept tend to retain a larger part of their value after a decade or two, simply because their aesthetic and functional properties are slower to degrade. The equitation is very simple – a modest investment into high-level FM capacities can pay off manifold.

To discover how to take a more proactive approach to safeguarding your building, extending the life of your equipment and improving the working conditions and health of your team, contact asset mapping today.

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