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Asset Management guidance supports FM professionals in delivering meaningful data

BIFM, today launched a Good Practice Guide to Asset Management Surveying Practice.  It aims to help FM professionals produce meaningful asset data that meets increasing expectations of clients, adds value to FM operations and supports business decision making.

Peter Brogan, Research and Information Manager at BIFM said:
“Asset Management is of major importance to FM professionals. At the most basic level better use of data enables FM to demonstrate its value across all business disciplines. However, its potential is not limited to day-to-day operations as utilisation of asset management data is recognised as a catalyst to both BIM and soft landings. The asset management opportunities now available to FMs are a complex and sophisticated area of expertise and stretch across a wide range of professional disciplines and activities. This latest Asset Management guide for FMs is a great addition to the suite of Good Practice Guides.”

Aimed at FM professionals operating from both SME’s and large organisations, the Asset Management GPG highlights the most important aspects for planning, designing, managing and maintaining asset data information.  It aims to support FM professionals in delivering added value by reflecting on their organisation’s strategy in their Asset Management policy.

Author, Mark Spilling Director of Assets55 Ltd said: “Obtaining and maintaining quality building and asset information is an essential exercise to undertake and should be high on every FM’s agenda.

“Timely, accurate, well planned and effectively managed asset information provides FM’s with the knowledge, confidence and assurance of the scope of their own responsibilities and ensures organisations can manage risk, costs and legal obligations.”

BIFM’s Asset Management Good Practice Guide includes specific guidance on:
1.    Applying key built environment industry standard models and principles to improve quality and quantity of asset data information.  This includes Building Information Modelling (BIM), the Industry Foundation Classes (IFC) and COBie, to implement robust survey disciplines.
2.    Determining key survey goals and objectives.
3.    Identifying customer expectations and stakeholder needs and defining project scope to the ensure these are met.
4.    Producing detailed specifications for the required asset surveys.
5.    Setting up a mobilisation process to ensure asset data capture surveys are carried out in a professional, coordinated way.
6.    Auditing, reporting and management of data asset files to ensure consistency and accuracy for data standards and compliance.
7.    Maintaining and enhancing quantified and qualified data through analytics and information assessment.

This new edition will feature in a new series of BIFM Good Practice webinars – soon to be launched as an additional knowledge resource for BIFM members and the FM profession.

Brogan continued: “We recognise the need for FM to embrace the big data revolution. Asset management is essential for FMs to gather and organise the source data which will enable future innovation.”

The guide is free to download to all BIFM members as part of their member benefits. It is priced at £19.99 for non-members and available to buy direct from BIFM along with other guides in the series.

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