Think your commercial real estate property can be a challenge to manage? Imagine running the world's biggest freestanding building – The New Century Global Center in Chengdu, China. Measuring 1.9 million square meters in size, this architectural giant is features offices, hotels, two malls, 14 IMAX screens, a regulation-size ice skating rink, entertainment facilities, and a giant artificial beach.
Can you guess which property type has a PM task completion rate of 75%?
A Preventive Maintenance (PM) Program that overloads your maintenance staff and vendors with unnecessary tasks will result in dismal completion rates – ultimately resulting in backlog of maintenance, equipment failures and unhappy tenants.
• [Chart] View our complete chart of PM completion rates by property type
• [Article] Learn best practices for reducing PM Debt
• [Checklist] Address the Requirements of modern PM program
• [Templates] Refresh three common equipment task lists