TIPS

Value-Based Facilities Management emphasizes the integration of management expertise on an engineering practice for a holistic approach. Unknown

“Doing projects in conjunction with the proper incentive can be just the discount you need for the solution you were planning to do anyway.” It sounds simple, but few ever bother looking. The federal, state, and local governments often have programs in place to convince business owners and would-be business owners to convert/buy something for a tax advantage or another sort of financial incentive. Talk to other business owners and see what they may know about incentives, and speak to your banker to see what they may have heard from another business owner. Also review information on governmental websites. In other words, start digging and see whether there’s an incentive for you to upgrade your lighting to LED or install high efficiency HVAC equipment or whether there is any program in place that will help you invest in your business. Doing projects in conjunction with the proper incentive can be just the discount you need for the solution you were planning to do anyway. "Free...

"Facilities management values determine its profession’s distinctiveness." Unknown

“Observing behavior and understanding what your employees and customers need for your business to operate effectively can save you money.” LED light bulbs, reduce flow faucet aerators, time controls, and operations hours that match consumer demand, if utilized properly, can reduce operation expenses in their own way. Utility expenses are necessary services that you will not avoid in business, but there is no need to spend more money than you must spend. The best solution to these required expenses is to manage them down to the bare minimum. LED light bulbs will reduce electrical costs, and reducing flow faucet aerators will lessen water usage. In addition, time controlling just about anything that can be time controlled will reduce its utility expense. Observing behavior and understanding what your employees and customers need for your business to operate effectively can save you money. If you only serve two customers after 10:00 pm on average, then why are you open until 11:00 pm? S...

The key objective of Value-Based Facilities Management is to facilitate organization’s business operations success. Unknown

“Repairing things as soon as possible just makes more sense. Get it done!” Allowing the repair and maintenance projects at your business to build up and progressively become worse will only create larger problems. Repairing or replacing things when they first break can reduce downtime, and that reduction in downtime could potentially increase revenue and result in greater profits. Waiting until you are forced to repair and replace things sometimes actually costs more. A great example would be waiting to replace your HVAC in a cooler month instead of a warmer month. HVAC vendors will understand you are hot and really need that A/C system to work. If I were betting, I would put my money on the vendor charging a little bit more because the weather is nice and toasty outside. Repairing things as soon as possible just makes more sense. Get it done! "Broken Window" by Ryan Policky is licensed under CC BY-NC-ND 2.0

Make things work as intended. Unknown

“Never leave warranty money on the table.” Do you remember that thing you bought has a warranty? Did you bother trying to utilize it the last time it failed? If you answered “yes” to the first question and “no” to the second question, then here is another question: Do you like wasting your money? I bet you answered “no” that question. Here is a simple thing to remember: Everything breaks eventually. In fact, some things break well before the manufacturer planned for it to break. If your item broke and it just happened to be within the warranty period, it would make sense to let the manufacturer fix it. Never leave warranty money on the table. Always verify if the broken item still has a warranty. "Warranty Void if Seal Broken" by eirikso is licensed under CC BY-SA 2.0

For facilities management to be an organization’s strategic resource, “Think Strategically, Translate Tactically and Target Operationally. Unknown