Posts made in June, 2014

The repair or replace decision – one methodology

Posted by on Jun 5, 2014 in Facilities Management, Site Improvement | 0 comments

When I was a facilities manager (FM), I had to make decisions around whether to repair or replace a facility asset (chiller, reverse osmosis unit, UPS, etc.). Some of these decisions I was authorized to make alone, but others had to go up the chain of command for higher-level approvals. Regardless of who ultimately made the decision, I had to be able to justify the repair or the replacement. The decision to repair or replace Like many FMs, a part of me just wanted new equipment because I had the perception that newer equipment would give me fewer headaches. Another part of me was driven by the need to reach the goal of having no failures and the perception that newer equipment would have less chance of failure. (Besides, new equipment is just cool.) In reality, as the facilities manager, I was working for companies that needed to make a profit or were held to some financial requirement and it drove me to build a decision framework that aligned with their financial goals. While I hoped company leaders would understand the language of engineering — and some did — it was more often the case that they understood the world in terms of finance, which required me to put the justification in financial terms....

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