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Why should you coll...
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Why should you collect asset data?

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Collecting asset data is important in facilities management for several reasons:

  • Maintenance and Repair: Asset data helps you to manage the maintenance and repair of your building assets more efficiently. By collecting data on the age, condition, and history of assets, you can identify potential issues before they become problems and schedule maintenance proactively.


  • Cost Management: Asset data enables you to manage your costs more effectively by tracking the value of your assets, assessing their performance, and identifying areas for improvement. By collecting data on the maintenance costs, replacement costs, and life cycle costs of assets, you can make informed decisions about budget allocation and resource management.


  • Compliance: Asset data is essential for regulatory compliance. For example, some assets require regular inspection and certification to comply with safety or environmental regulations. By collecting data on asset compliance, you can ensure that your building is safe and compliant with all relevant regulations.


  • Risk Management: Asset data can help you to manage risks more effectively by identifying potential hazards and mitigating them before they become safety or liability issues.


  • Decision-Making: Asset data provides the basis for informed decision-making. By collecting and analysing data on assets, you can identify trends and patterns, evaluate the performance of assets, and make strategic decisions about replacement, maintenance, and upgrade investments.


Overall, collecting asset data is essential for effective facilities management. By having accurate and up-to-date data on your building assets, you can manage your costs, comply with regulations, mitigate risks, and make informed decisions to optimise the performance and value of your building.

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