Life Cycle Costing for Preventive Maintenance Measures
Recorded On: 10/22/2015
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Building owners and managers who do not regularly perform preventive maintenance measures for buildings and equipment will see the life cycle of those assets slashed significantly. In fact, those who defer maintenance can count on paying several times more than the total repair cost in the future.
This webinar will discuss solutions to proactively manage the growing list of maintenance needs that building owners and managers face today. Owners and managers not only end up paying more for repairs that have been delayed, they may end up on a downward spiral resulting in difficulty selling or leasing properties.
Hear a discussion on best practices in performing regular facility assessments. You will learn how to use Life Cycle Cost Data to plan and budget for future repairs, and predict how costs will escalate over time. Learn how to use the cost data to make a business case to others to tackle preventive maintenance needs to avoid future backlogs.
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Learning Objectives:
Learn the benefits of predicting maintenance and repair costs by using life cycle cost data to reduce costs and risks.
Understand how technology allows owners to track and record maintenance.
Learn the benefits of regular assessments and how to adjust your program based on local market cost, age, and actual equipment and building condition.
Hear how real-life findings are used to predict maintenance and replacement cost at various stages in the life cycle.
Hear how the implementation of a structured maintenance program resulted in overall reduced cost in real buildings.
Nicole Behnke
Marketing Initiatives Manager, The Gordian Group
Nicole Behnke joined The Gordian Group in 2013 and serves as Marketing Initiatives Manager. In this role, Ms. Behnke’s organization, strategy, creative imagination and enthusiasm have earned her a reputation for unparalleled excellence in producing and executing marketing initiatives across several product lines.
Ms. Behnke has over 15 years of experience in the field of marketing and business development. Her expertise includes market research, analytics, and direct mail and email campaigns. She has her B.S.B.A. from Western Carolina University.
David Lewek
Principal Consulting Engineer, RSMeans from The Gordian Group
David Lewek has 38 years’ experience in Construction Management, 25 of which were with RSMeans. Mr. Lewek has a BS in Economics and an MA. He has taught over 400 seminars with RSMeans, and taught at Northeastern University for over 25 years. Mr. Lewek’s speaking experience includes being keynote speaker at Build Russia, speaking at the Russian Society of Cost Engineers in St. Petersburg, Russia, and for other corporate events.
Larry Schoen
Principal Engineer, Schoen Engineering Inc.
Larry Schoen is Principal Engineer for Schoen Engineering Inc., Columbia, Maryland, which was founded in 1995.
The firm does analysis and design of mechanical and electrical systems, with a focus on energy efficiency and quality of the indoor environment in commercial, industrial, institutional and residential facilities. Larry was Engineering Manager for property operations at The Rouse Company from 1985 to 1995 with a portfolio of 50 million ft2 of retail, office, hotel and mixed-use facilities and every kind of HVAC, plumbing, electrical and elevator system. Prior to that, he was a design engineer at Jaros, Baum & Bolles, in New York. He has a B.S. In Mathematics from SUNY Buffalo, an M.S. in Mechanical Engineering from New Jersey Institute of Technology (NJIT) and was a graduate student at Princeton and Johns Hopkins Universities. He is a licensed Professional Engineer in 8 states.
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