Facility Asset Management: Performance, Risk & Value - Softcover

Waddell, Duncan; Atkin, Brian

Softcover

ISBN 10: 1918557012 ISBN 13: 9781918557015

Publisher: Best Practice Publishing, 2026

Synopsis

There is growing acceptance that professional and technical silos in the built environment continue to hinder the achievement of optimal performance and value realisation for owners, operators, owner-operators and major tenants. This ground-breaking book defines the core principles of facility asset management, providing a comprehensive guide to an integrated approach that moves beyond disparate management practices to maximise the value of all organisational assets. In today's dynamic business environment, breaking down departmental silos is crucial for success, and this book shows how to achieve integration of processes, functions and outputs. It offers a robust framework for understanding asset life cycles, criticality, reliability and risk, where data-driven decision-making is enhanced by artificial intelligence and machine learning. Significant among the topics covered in this book are predictive maintenance, life cycle cost appraisal, risk management, change management, resilience, business continuity, disaster recovery, workflow automation, smart buildings, digital twins and blockchain technology within the context of sustainable development and practices. This book will equip readers with the knowledge, insights and techniques needed to optimise asset performance, reduce risk and maximise value.

About this title

About the Authors

Duncan is a founding member of the Facility Management Association in Australia where he held the roles of a director and chair and was awarded life membership. He has actively promoted FM internationally in roles such as a director and chair of Global FM.

Brian has held professorial or visiting fellow positions in the UK, Sweden, Australia, Iceland and Finland. His research training and consultancy activities extend across the entire life cycle of built assets, from acquisition and planning, through delivery of assets, to their operation, use, maintenance and end of life.

Edition details

• Publisher: Best Practice Publishing
• Publication date: 2026
• Language: English
• ISBN 10: 1918557012
• ISBN 13: 9781918557015
• Binding: Paperback
• Number of pages: 272