The First Facility Management Blog

With facilities budgets in many organizations tighter than ever, facility managers are under increasing pressure to maximize their investments. Initial cost remains a practical consideration, but the costs over the entire expected life of the asset are also part of the picture. Expenditures for operations, maintenance, and disposal are relevant, as well as expected service life and (increasingly) environmental impact.

Reducing life cycle costs requires knowledge of a number of factors, along with time to calculate the data. Through this survey, which is online now, TFM would like to hear from facility managers about how they use (or don’t use) life cycle cost analysis in their purchasing decisions. We will include the results in the July 2008 issue.

To take the survey, please go to this link.

Thank you!