Knowing your Facility Condition Index is critical when planning capital spending. The Facility Condition Index (FCI) measures an asset’s condition, comparing the total deferred maintenance costs against the estimated replacement value. Essentially, is it cheaper to maintain a defective asset or replace it?
FCI is a vital metric for facility managers because it allows them to effectively make informed decisions about allocating resources. By understanding the condition of their facilities, managers better plan for future repairs and maintenance, making it easier to allocate resources and manage budgets effectively.
Download our free eBook to find out more about…
- What is FCI?
- 3 key components you need to know.
- How you can generate timely and accurate real-time FCI results.