Asset management
Facilities management is the ‘...integration of processes within an organisation to maintain and develop the agreed services which support and improve the effectiveness of its primary activities’. Ref EN15221-1: 2006 Facility Management – Part 1: Terms and definitions. It is concerned with the management of facilities at both a strategic and a day-to day level to deliver operational objectives and to maintain a safe and efficient environment.
Asset management is'...The process of developing, operating, maintaining, upgrading and disposing of an asset using the most efficient and effective means.' Ref RIBA Plan of Work 2020.
The RIBA Plan of Work 2020 suggests that: 'Asset Management provides a further overlay to Facilities Management, formalising the maintenance regimes for the building. To achieve this, some of the components of the Building Systems, such as doors and items of plant, are given asset tags and unique identifiers, allowing maintenance planning to be optimised. Examples of asset management in practice include identifying when smoke seals on doors need to be inspected or when the batteries in escape signage need to be replaced, as well as recording when the requisite work was undertaken.'
[edit] Related articles on Designing Buildings
- Asset.
- Asset information model.
- BIM and facilities management.
- Building information modelling.
- Computer aided facilities management.
- Creating an asset register for construction projects.
- Digital Connectivity Infrastructure Accelerator DCIA.
- Economic Order Quantity EOQ.
- Enterprise resource planning ERP.
- Facilities management.
- Facilities management audit FMA.
- Facility condition assessment FCA.
- Facility condition index FCI.
- Hard facilities management.
- Maintenance.
- Operation, maintenance and training (OMT).
- Operational costs.
- Property management.
- Reliability centred maintenance.
- RIBA.
- RIBA Plan of work 2020.
Featured articles and news
A briefing on fall protection systems for designers
A legal requirement and an ethical must.
CIOB Ireland launches manifesto for 2024 General Election
A vision for a sustainable, high-quality built environment that benefits all members of society.
Local leaders gain new powers to support local high streets
High Street Rental Auctions to be introduced from December.
Infrastructure sector posts second gain for October
With a boost for housebuilder and commercial developer contract awards.
Sustainable construction design teams survey
Shaping the Future of Sustainable Design: Your Voice Matters.
COP29; impacts of construction and updates
Amid criticism, open letters and calls for reform.
The properties of conservation rooflights
Things to consider when choosing the right product.
Adapting to meet changing needs.
London Build: A festival of construction
Co-located with the London Build Fire & Security Expo.
Tasked with locating groups of 10,000 homes with opportunity.
Delivering radical reform in the UK energy market
What are the benefits, barriers and underlying principles.
Information Management Initiative IMI
Building sector-transforming capabilities in emerging technologies.
Recent study of UK households reveals chilling home truths
Poor insulation, EPC knowledge and lack of understanding as to what retrofit might offer.
Embodied Carbon in the Built Environment
Overview, regulations, detail calculations and much more.
Why the construction sector must embrace workplace mental health support
Let’s talk; more importantly now, than ever.
Ensuring the trustworthiness of AI systems
A key growth area, including impacts for construction.