Facility Management Balanced Scorecard Metrics Template
It is essential for facility management departments to identify their strategic plans, translate their strategy into operational targets, and eventually develop the metrics program to measure and manage their performance.
The balanced scorecard provides a valuable tool for helping facility managers evaluate the existing operating assets of an organization, identify areas of improvement and analyze the progress of facility management activities.
This is essential for an organization in order to achieve the dynamism and remain competitive in the long run. Typically, BSC consists of the following perspectives: Financial, Customer, Learning and Growth and Internal Processes.
Why do business professionals choose ready-to-use KPIs?
Read Why do business professionals choose ready-to-use KPIs? to find out the answers to these questions:
- Can a business professional research KPIs on his own?
- How do I avoid typical problems with KPIs?
- Is ready-to-use KPI applicable in my niche?
- Is KPIs' price affordable?
- Can KPIs can be easily integrated in any business environment?
- How can KPIs make the difference to the business?
What are the benefits of Facility Management metric:
- Offices, parking lots, production facilities and other premises have to be efficiently managed. KPIs in this category will measure costs, human resources and procedures required to keep facilities clean and in a top condition.
- It's possible to optimize internal processes and even save premises maintenance costs by saving up energy or other resources.
- Training and education are also part of the strategy, thus they are also covered by this category of KPIs.
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More ideas on using Facility Management KPI
Facility management makes it possible to keep the 'assistance providing procedures' in place some of which are- cleaning, grounds-keeping, decoration, security etc. This section of 'management of facility' might not sound as a serious business to many but this 'back-ground' work is all that makes it possible to carry out the 'major' tasks proficiently. Maintenance of buildings and infrastructure is covered under this discipline. There has been a recent trend of automation of these activities by utilizing computer programs, thereby giving technological solutions a greater place in the scenario.
The responsibility of facility management staff is to make sure that these operations go well and in line with the prescribed guidelines.
The concept of managing a facility is somewhat similar to that of 'property management' but differs in that the former is applied to huge and commercial buildings where the management requires more skilled personnel to handle the situations.
By using a balanced scorecard for this purpose, one can effectively and accurately measure the steps being undertaken. The metrics that are listed on it to gauge the way these ancillary jobs have been going on do their bit in helping to manage facility and contribute to its progress. One just needs to keep revisiting these indicators to keep the numbers well within the suggested range.
More useful information for Estate Estimation
Facility Management Evaluation Balanced Scorecard Screenshots
Metrics for Estate Estimation
This is the actual scorecard with Facility Management Performance Indicators and performance indicators.
The performance indicators include: facility management,productive time,wrench time,meetings,planning and instructing,moving,churn rate,cost per move,average time per move,space and occupancy,cost per person,cost per sq. ft.,vacant space,non-productive time,traveling,shop clean up,extra payments,overtime payments,overtime hours,sick time
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