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ASSET MANAGEMENT STRATEGISING
The purpose of each building in a facility's portfolio is to support the business objectives. A key facilities portfolio performance parameter is the condition. Under-investment in facilities maintenance often leads to significant deterioration of the facility portfolio to the point where it can no longer meet the service needs of the business. The condition of the facility is assessed to gauge the level of deterioration and identify any condition-based issues and lifecycle, capital and operational expenses.

We are also able to develop Functionality Reports as prescribed by TEFMA (Tertiary Education Facilities Management Association) and adapted to suit the individual client requirments.

Repair and Maintenance Programmes can be developed using our Condition Assessment Reports to ensure economies of scale are achived across all buildings, disciplines and facilities. 

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According to De Sitter’s “Law of Fives” “if maintenance is not performed, then repairs equaling five times the maintenance costs are required. In turn, if the repairs are not effected, then renewal expenses can reach five times the repair costs.” (Vanier, National Research Council Canada, 2001)

CONDITION is defined as the state of the material, fabric, component, element, installation, equipment, plant, building or infrastructure, especially with regard to its physical appearance and working order (“fit for purpose" and "fit for service”).

RISK is a decision not to do maintenance or defer maintenance has consequences, with associated risk. Risk is measured in terms of:

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