Physical asset management optimization requires the integration of People, Processes, Information, and Technology.
People come first. Integrating internal and external Planning, Procurement, and Project Delivery Team under supportive and committed leadership is step one. Any failure in this area severely restricts any subsequent efforts or investments made to achieve significant improvements in efficiency.
Robust Processes. Leverage of existing and emerging robust processes such as lifecycle asset total cost of ownership management, integrated project delivery, and LEAN job order contracting. A robust process, implemented as an integrated solution, and continuously monitored and improved upon is the goal of every real property owner, facilities management professional, and their partnered design-builders.
Information. Actionable, current information that supports decision-making. Information must be clearly presented using common terms and definitions. Tasks presented in terms of a standardized and locally researched granular unit price book, organized by CSI Masterformat.
Technology. Technology supporting a shared, sole source of truth with full version control.
- Overcome poor data quality
- Establish trust in your information
- Set quantitative performance targets and manage workflows and initiatives
- Engage everyone in a culture of continuous improvement
