Moving From A Cyclical To A Continuous FCA

Instead of doing a new FCA every 3-7 years, what if you could maintain your FCA data so it never dies?

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AkitaBox FCA

Get Off The Hamster Wheel Of Recurring FCAs

The two most important purposes of an FCA are capital planning and asset knowledge. Those aren’t one-time events. Planning for them should never be a single, stand-alone instance. It should be an ongoing process that’s done year, after year, after year.

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Yet FCA data goes stale quickly if it’s not maintained. After 6 months to a year, it’s no longer accurate — costs have changed and asset conditions have evolved.

So why isn’t that happening? Why aren’t organizations taking their original FCA data and maintaining it so they always have fresh information for decision making?

There are a number of factors, as seen in the chart below. Whether it’s limited time, limited resources, or limited expertise, many organizations don’t have the bandwidth to conduct their own FCA. And if you don’t have the resources to do an FCA, you don’t have the resources to maintain it either.

AkitaBox FCAAs a result, organizations end up stuck in a vicious cycle of outsourcing their FCA to a firm, watching it become obsolete, and having to do it all over again every 3-7 years.

AkitaBox FCAIn addition, since each FCA is conducted independently, inconsistencies often result. Every FCA firm does their assessments somewhat differently. So if you hire ABC firm one year and then XYZ firm in five years, you’re going to get different data sets.

To sum it up, cyclical or recurring FCAs have a few shortcomings:

One-time-use: It’s created based on data collected at one specific time. Meanwhile, the facility itself keeps evolving. Once the facility changes, the FCA becomes obsolete.

Wasteful: Hours, days, weeks of work go into building an FCA that’s only helpful in the short-term. Then it collects dust and is eventually tossed out and completely redone in a few years.

Not additive: Once the FCA is done, there’s no easy way to keep it updated and add new information to it.

No comparative analysis: It’s a snapshot followed by another snapshot in 5 years. Plus, each FCA might be completed by a different firm. That makes it very challenging to understand how a facility’s data has changed over time.

Now imagine an FCA that never expires. Data that’s up-to-the-minute accurate. An assessment that only needs to be refreshed every 10 years. Whatever you call it – a living FCA, continuous FCA, or maintained FCA — it’s real, and it’s possible.

4 Tips For Transitioning To A Living FCA

Ok. You get it. Cyclical FCAs leave a lot to be desired. Of course having a living FCA would be better. But how do you get there?

Ask For It In Your RFP

Every FCA provider conducts their assessments a little differently, with different timeframes and different people walking the buildings. If you don’t lay out clear expectations in your RFP, you’ll end up with whatever data the firm chooses to give you — and it might not be everything you want.

In your RFP, clearly spell out to potential FCA firms that you want continuously maintained FCA data. Request that the firm help you put together a workflow for keeping the data alive over time. This workflow will be your roadmap for what happens during and after the initial assessment — and it should answer questions such as:

  • What data needs to be collected in the FCA?
  • Who will be responsible for maintaining the data?
  • What technology/tools/processes will be used to do it?
  • How often will the FCA be refreshed?

Equip The Right People With The Right Tools

A lot of times, the right person — who happens to be in the right place at the right time to notice a concerning hum from a piece of equipment — doesn’t have a way to pass that information back to the people who need to know about it.

Whether it’s an outside engineer or an in-house team member, everyone with boots on the ground at your facility needs to be able to update your data in real time when they notice an issue. Not only can they immediately update the condition of that humming asset, they can note that it needs to become a higher priority based on this new information.

Now you have a steady stream of fresh information coming in from the field. You’re no longer making decisions based on five-year-old data, but on real-time insights.

Keep reading to learn how better technology makes this possible.

Whip Your Data Into Shape with Facilities Management Software

Even the best facilities people in the world struggle to maintain building and asset data without the proper tools.

Basic spreadsheets and databases are no longer the right means for managing sophisticated facilities information. If you want to keep your data alive, it needs an environment designed to help it flourish — a facilities management technology platform.

Data interoperability & a single source of truth

So much of today’s facilities data comes from multiple sources and lives in various silos. It’s hard to find, hard to track, and haphazardly updated. In an ideal world, all of your data is working together. Your FCA data feeds into your preventive maintenance plan. Your work orders feed into your FCA. Your inspections feed into work orders. And on and on.

An FCA can start to pull some of that knowledge together and build that repository where everything’s communicating with everything else. A facilities management software platform serves as a single spot where all of that data comes together for easier access and analysis.

The basis for a digital twin

Implementing facilities management software that’s location-based is the first step in building your own digital twin. This type of platform maps your assets on your floor plan in a digital environment where it’s a snap to interact with your data and keep adding more information over time.

A digital twin makes it easier to know where all your assets are, what you’re maintaining and tracking within your building, and where any piece of data you need is located.

Easier data stewardship

The expense of collecting data is the biggest burden in an assessment. But not if you’re equipping your staff with technology that makes data collection faster and smoother.

Imagine a maintenance tech walking up to an asset armed with a tablet containing your facilities management software. All they have to do is scan that asset’s QR code and up pops all the most up-to-date information they need.

Someone standing in front of an air handler can collect condition data right then and there —  whether they’re the consultant at the start of an FCA or a staff member changing a filter five years later.

This isn’t some utopian fantasy. Technology exists today that makes this possible. Everyone in the field can be empowered to update facilities data, keeping it alive and sustainable.

Maintaining FCA Data Should Be A Joint Effort

An FCA provider can do more than simply collect data in the initial assessment. They can:

  • Update asset condition data anytime they’re onsite
  • Provide current cost estimating
  • Help you analyze and make decisions based on the constantly revised data coming in from the field

Maintaining an FCA is a big job. Many building owners are seeing the value in keeping FCA consultants on board to shoulder some of the burden.

Ready To Break The Cycle?

Finding the right partners is key to your success in moving to a continuous FCA. You need an FCA firm you can build a long-term relationship with. And you need a facilities management software partner that can assist you in keeping your data organized and accessible.

AkitaBox can help you with both. Let us introduce you to our assessment firm partners who use our innovative FCA software. AkitaBox FCA software feeds directly into our comprehensive facilities management platform, so all of your building data lives in one easy-to-use tool.

Visit our Facility Condition Assessment Resource Center to get started.

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