Maintenance costs / area maintained metric

Determines cost efficiency based on comparing the maintenance costs to the overall maintained area of the facilities.

Name
Maintenance Costs / Area Maintained
Category
Financial
Analysis objective for exception conditions
Determines which facilities have good or poor cost efficiencies. Determines which particular maintenance costs are causing the inefficiencies. Uses time trend analysis to compare seasonal peaks, anomalies, or trends.
Description
Informs management how they compare to industry benchmarks and allows managers to compare maintenance costs across geographical regions, facilities, and building types.

This metric differs from the Maintenance Costs / Area metric in that it uses only the actual area that is maintained instead of the overall area.

Source
IFMA
Measurement
Total Maintenance Cost / Total Maintained Area
Dependent data that is calculated
  • Total Maintenance Cost: Sum of Financial Summary table filtered for Service Type = Maintenance. This includes all maintenance-related Cost values such as Utilities, Custodial, Grounds.
  • Total Maintained Area: Sum of Area where ‘Floor Maintained’ field = TRUE on the Floor Record.
Roles
  • OP Executive
  • OP Service Manager
  • OP Facility Assessment Manager/Planner
  • OP Service Technician
Display chart types
  • Value-based: Horizontal Stacked Bar Chart (Capture Period: Vertical Stacked Bar Chart)
  • Score-based: Horizontal Stacked Bar Chart (Capture Period: Vertical Stacked Bar Chart)
Thresholds
  • Low Threshold: $.75/Area Maintained
  • High Threshold: $2.50/Area Maintained
  • Range 1: Under Maintained/Caution/Yellow
  • Range 2: Adequate Maintenance/Positive/Green
  • Range 3: Excessive Maintenance/Negative/Red
Fact details
Module: triMetricFactBusiness Object: triBuildingFact

Metric Queries: triBuildingFact - Metric - Maintenance Costs / Area Maintained, triBuildingFact - Metric - Maintenance Costs / Area Maintained (Score)

Drill paths
  • Geography
  • Location
  • Capture Period
Interactive filters
  • Geography
  • Location
  • Building Class
  • Building Tenure
For US Federal Government:
  • Geography
  • Location
  • Real Property Type
  • Real Property Use
  • Mission Dependency
  • Legal Interest
Static filters
Cost Type Classification = Maintenance
Time
Months
Data point refresh rate
Monthly
License dependency
Maximo® Real Estate and Facilities Operations
Functional dependency
  • Building (Area Calculations)
  • Financial data from external corporate system