Facility managers are responsible for managing the upkeep of buildings, equipment, and resources. To effectively manage these assets, facility managers must track key metrics to identify areas for improvement and measure the effectiveness of their maintenance programs. In this article, we will explore the top metrics that facility managers should track to improve their operations.
Downtime is a critical metric for facility managers to track. Downtime refers to the amount of time that equipment or systems are not functioning as intended. Downtime can lead to lost productivity, increased costs, and a higher risk of equipment failure. Facility managers should track downtime to identify areas where maintenance is needed and to develop strategies to minimize downtime in the future. A CMMS that includes facility management capabilities can help facility managers track downtime and proactively schedule maintenance.
Facility managers should also track maintenance costs. Maintenance costs refer to the expenses associated with maintaining and repairing equipment and facilities. By tracking maintenance costs, facility managers can identify areas where costs are high and develop strategies to reduce them. Facility managers can also use maintenance cost data to justify investments in new equipment or upgrades.
Equipment availability refers to the percentage of time that equipment is available for use. Equipment availability is a critical metric for facility managers because it measures the effectiveness of maintenance programs. By tracking equipment availability, facility managers can identify areas where maintenance is needed and implement strategies to improve uptime.
Regulatory compliance is an essential metric for facility managers to track. Building and equipment standards are regulated by various agencies, including OSHA, EPA, and others. Facility managers must ensure that their buildings and equipment meet regulatory standards. By tracking compliance metrics, facility managers can identify areas where improvements are needed and ensure that their facilities are up to date with changing regulations.
Facility managers should also track energy usage. Energy usage refers to the amount of energy that a facility consumes. By tracking energy usage, facility managers can identify areas where energy consumption is high and develop strategies to reduce usage. Facility managers can also use energy usage data to justify investments in energy-efficient equipment and upgrades.
Facility managers must track key metrics to effectively manage their assets. Downtime, maintenance costs, equipment availability, compliance, and energy usage are some of the most critical metrics for facility managers to track. By tracking these metrics, facility managers can identify areas where improvements are needed, develop strategies to reduce costs, and ensure that their facilities meet regulatory standards. Ultimately, by tracking these metrics, facility managers can improve the efficiency and effectiveness of their maintenance programs, reduce downtime, and increase productivity.
For more information on how a CMMS can help you effectively manage your facilities, schedule a demo of CERDAAC CMMS here.