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What is criticality analysis? A guide to smarter asset prioritisation
Criticality analysis is a structured method for ranking assets by importance, risk and impact. In property and facilities management, it provides a way to determine which systems matter most to performance and which require the highest level of atten…
What is a capital improvement plan?
A capital improvement plan is an essential tool for property owners and managers who want to maintain and grow the value of their assets. For commercial landlords, the plan serves as a roadmap for significant property investments that extend the usef…
Building an effective asset management strategy
Managing a portfolio of properties involves decisions that stretch far beyond day-to-day maintenance. To ensure long-term value and consistent performance, landlords need a structured approach that balances immediate needs with future priorities. Thi…
What is a building condition assessment?
A building condition assessment provides a systematic review of how a property is performing and what maintenance or upgrades may be required. It gives property owners, facilities managers and landlords a clear understanding of the health of a buildi…
What is failure analysis in real estate and facilities management?
Failure analysis is the study of why an asset or system fails with the goal of preventing the same issue from occurring again. In real estate and facilities management, this practice is vital. Properties are made up of complex systems, from HVAC and …
From blind spots to smart spaces: How data and IoT are transforming NHS estate efficiency
Authored by Becky Allen, Healthcare Solutions Lead at MRI Software The NHS is under growing pressure to deliver more with less. Yet, a recent investigation revealed that £4 million in property taxes has been spent on 77 unused NHS buildings over the …
Property management chart of accounts: A complete guide
Managing property finances requires more than collecting rent and paying bills. To make informed decisions you need a structured way to record, organise and report every financial transaction across your portfolio. This is where a chart of accounts c…
What is healthcare facilities management?
Healthcare facilities face some of the most demanding operational challenges of any sector. Hospitals, clinics and care centres must maintain environments that are safe, efficient and compliant, all while adapting to rapidly changing regulations and …