Facilities Management constitutes up to 80 to 90 per cent of the lifecycle of any Real Estate or infrastructure asset. That is, about 80 to 90 years of a Real Estate or Infrastructure asset that is supposed to have a hundred-year lifecycle, for instance, will be Facilities Management (maintenance) of such asset; while conception, design and construction of the asset is just about 10 year...

Facilities Management is responsible for up to 70 and 80 percent of the total lifecycle of a Real Estate asset. It therefore goes without saying that if an investor or building owner is able to save cost across 70 percent of his/her asset lifecycle, the benefit in terms of business bottom line and asset performance is huge. For Facilities Management to be able to indeed save costs fo...

Reactive maintenance has always been the stock-in-trade for most organizations’ Facilities Management operations. This is because it seems the easiest to run with, requires less staff, less planning and a lower initial investment. Over time, its inconsistency results in unexpected expenses associated with complete loss of critical equipment, overtime manhour and safety issues due to i...