Not all assets are equally important to the operation of the facility. While the failure of most individual assets will be little more than a blip in the operation of the facility, failures in certain critical assets can result in a halt in operations, or put the facility itself and its occupants at risk.
Writing for Facilities Management, national facilities consultant James Piper, P.E., discusses having a comprehensive approach in place for managing these assets to avoid spending time jumping from crisis to crisis.
Read his post here.
