We hope everyone has had another great week and are not stuck in transit due to winter storms. In case you did not have the opportunity to see our blogs and voter links as they were published. Here are this week’s highlights. You can find a complete listing on the Mintek Blog.

This weeks articles were heavily focused on preventive maintenance as the winter storms gave rise to numerous questions about the care of high dollar assets. This weeks most popular article took a look at Reserve Studies and how the information contained in a study could be used in an EAM.

1. How HOAs and Property Owners Can Use Their Reserve Study To Save Money

Author: Stuart Smith

A look at the structure and function of a Reserve Study and how the information gathered for the study can be used as a base for an EAM. Property managers and HOAs both have a vested interest in maintaining common assets. These repairs can be very costly and planned for accordingly. Preventive maintenance through an EAM is a natural fit.

Key Point: The biggest mistake property managers, and homeowner associations make is letting the data gathered during the Reserve Study sit on a bookshelf collecting dust.

2. Weathering the Storm

Author: Stuart Smith

Written during a reflective moment the short article wonders how many assets are being ruined by extreme weather conditions and could be saved with a little TLC (preventive maintenance).

Key point: Preventive maintenance is not just for indoor facilities.

3. Predictive versus Preventive Maintenance in a Declining Economy

Author: Stuart Smith

A recent survey conducted by Facilities Planners and Architects, Inc. of facility managers and business owners revealed intended reactions to the current economic situation. Instituting a predictive maintenance initiative was a popular choice.

Key Point: Successful predictive maintenance starts with preventive maintenance.

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Read Relevant Articles That We Found Last Week

But wait there is more. In addition, we have found several more articles that you might find to be interesting. The 5 best this week are:

1. How You Can Start Managing Your Real Estate Portfolio Effectively

Author: Steven Hanks

Managing the real estate portfolio effectively is a real burden for large organizations. Some real estate departments have to manage over 5000 properties which is nearly impossible to do without a decent structure.

Key Point: Too many companies still using Excel Spreadsheets to manage their portfolios.

2. Scheduling Is The Key To Preventive Maintenance

Author: Miles Free

Miles takes a look at some of the myths still propagating regarding preventive maintenance such as costs, how to use and how preventive maintenance differs from regular maintenance. Great lunchroom schedule example.

Key Point: Every minute that a machine resource is scheduled, it should be producing; PM should be scheduled for when it’s not.

3. Improving Shutdown Management

Author: David Berger, P. Eng.

Shutdowns can be large-scale, complex, costly and disruptive to the daily pulse of plant operations. That’s precisely why there’s usually significant potential for improvement, especially in an environment where the maintenance department is constantly putting out fires. This column highlights some of the key improvement opportunities.

Key Point: Author makes a keen point that every plan should have a shutdown strategy that is constantly re-evaluated.

4. Results of Our Quarterly Facilities Trends Survey

Author: Facilities Planners and Architects, Inc

The results of the survey indicated new emphasis on facilities planning, outsourcing, no growth patterns, and the inclination to start predictive maintenance programs.

Key Point: The depressed economy has facilities professionals looking for ways to make deeper cuts into operating expenses.

5. Why Your IWMS Focus Should Be Flexible And Scalable

Author: Steven Hanks

In most organizations Integrated Workplace Management Systems (IWMS) will be initially implemented regionally driven. Decentralized Facilities Management and Real Estate teams, spread across the globe, acknowledge their need for a software solution to manage their properties and processes.

Key Point: Implementing an Integrated Workplace Management System to solve business problems alone is just not enough.