Costs for planned maintenance
What is it?
Costs of Planned Maintenance refer to the total amount of expenses allocated to perform maintenance activities on a property according to a predetermined plan or schedule. These costs typically include labor, materials, equipment, and other resources needed to carry out planned maintenance activities.
How is it calculated?
Costs for planned maintenance = The sum of the planned costs for maintenance work
Why is it important to follow?
Closely monitoring the costs of planned maintenance is crucial to ensure that the property is maintained in a reliable and cost-effective manner. By having a clear understanding of these costs, the organization can plan and budget for future maintenance needs, identify areas where costs can be optimized, and improve forecasts and strategies for property management. This leads to better management of available resources and increased long-term sustainability for the property.
Created by Homepal
1/19/2024
Metrics and KPIs
We have standardized and automated the industry's most common KPIs. Activate with one click in our catalog and start analyzing.
A BI tool purpose-built for the needs of the real estate industry
Automate your follow-up and reporting with ready-made key figures and dashboards. Spend your time analyzing and acting instead of cutting and pasting in Excel or waiting a consultant case.
Take a step into the next generation
No gigantic IT project, no system change, no consultants. Activate an add-on solution that has already been refined for many years and with thousands of players in the real estate industry.
