The key to an effective playbook is understanding the mission of the business and the assets that support that mission.
To do that, we first have to understand the equipment, assets and systems that enable the facility to operate effectively. Our second priority is to align the maintenance plan with the capital plan. When these two plans are aligned, it enables the Asset Management Lifecycle Program to create opportunities for clients to make more informed decisions regarding four facility budget categories:
- Capital Budget
- Maintenance & Operations Budget
- Repair Budget
- Energy Budget
By leveraging the various elements of the above plans and budgets, facility and financial leaders can expect to optimize their budgets and improve the overall asset lifecycle, which will reduce maintenance and operations costs while optimizing the capital budget.