In which phase does the facility manager start measuring an asset's life cycle?

The phase in which a facility manager begins measuring an asset's life cycle is during the acquisition and installation phase. This phase is critical because it sets the foundation for understanding the costs and performance of the asset over its entire life span. During acquisition, the facility manager assesses various factors such as purchase costs, installation expenses, and projected operational efficiencies.

By focusing on these elements early on, the manager can effectively establish a baseline for evaluating the asset’s performance against its projected lifespan. This proactive approach aids in making informed decisions regarding future maintenance, operational strategies, and potential upgrades or replacements.

Furthermore, initiating life cycle measurements at this stage allows for accurate forecasting of future operational costs and resource allocation, making it an essential part of the facility management process.