Category: Property Management

How to prepare a Preventive Maintenance Checklist?

Checklists can be a perfect guide for standardizing repetitive processes that must be routinely done. A preventive maintenance checklist may be used in the same manner to streamline a number of activities for preventive maintenance.  Preventive maintenance checklists, however, are only helpful if developed for a reason and provide all the information required. Things you can do before you build checklists for Preventive Maintenance: Build an asset list that needs Preventive Maintenance- For a preventive maintenance checklist, if you have just a few assets in mind, you can skip this step. It pays to be

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What are the Best Practices of Asset Lifecycle Management?

What is Asset Lifecycle Management? Asset Lifecycle Management (ALM) is the mechanism during the lifecycle to maximize the value created from the properties. Comprehensive management of the asset pool, systematic implementation of programs, and reliable and effective asset management activities help to achieve the desired performance. Best Practices: Total Inventory Recognition Businesses tend to maintain

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What are Best Practices for Maintaining HVAC System?

HVAC (Heating, Ventilating, and Air Conditioning) System provides environmental comfort in places ranging from small households to submarines. These systems also require some maintenance to use fresh outdoor air to provide high indoor air quality. HVAC system does not require high maintenance machines, but it does require some upkeep. To improve the energy efficiency and

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What Exactly is Prescriptive Maintenance?

Prescriptive maintenance is the asset maintenance strategy that uses machine learning to adjust operating conditions for desired outcomes, as well as intelligently schedule and plan asset maintenance. Prescriptive maintenance not only looks for failure signatures, but also provides information about how to delay or entirely eliminate equipment failure. These algorithms can comb historical data for

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pm checklist

What are Advantages of Property Technology Systems ( Proptech)

What is property technology or PropTech? PropTech (property technology) is the use of information technology (IT) to help individuals and companies research, buy, sell and manage real estate. Similar to the way FinTech focuses on the use of technology in finance, PropTech uses digital innovation to address the needs of the property industry. Technology isn’t just

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