Blog:
The power of good Asset Information Management
Good Asset Information Management (AIM) is no longer a luxury. It’s a necessity. In this blog we explore why main contractors and asset owners should not ignore the importance of good Asset Information Management.
Good Asset Information Management matters
With more complex projects it’s important that the building information delivered is high quality and accurate. This allows it to be used and maintained throughout the asset lifecycle.
Why Main Contractors need good digital handover management
For Main Contractors, delivering comprehensive, high-quality information at practical completion shouldn’t just be a box to tick. Digital handover management can protect against future disputes, expensive warranty claims and potential legal action. Documenting every aspect of the work performed, the materials used and the standards met, can help contractors to safeguard their businesses from post-completion conflicts.
However, there’s also a proactive benefit. When contractors provide asset owners with thorough documentation, they also build trust. This makes it more likely that the asset owner will return for future projects.
Those who excel at delivering clear, comprehensive asset information are more likely to stand out in a competitive market. As clients increasingly seek reliable partners for complex builds, those who consider the information requirements for building operation will be more successful.
Why Asset Owners need good Asset Information Management
Asset owners have a long-term stake in maintaining the integrity of the information they receive at handover. By keeping accurate, accessible records, asset owners are better positioned to manage their properties efficiently. This results in smoother operations, more informed maintenance planning and the ability to make data-driven decisions to optimise the asset’s performance.
Well-documented assets can help asset owners demonstrate the quality of a building when it comes to selling it. Being able to accurately show that the asset has been well looked after during operation, increases its value and desirability to potential buyers or tenants.
Additional resources
You can read more about this in our blog titled ‘Bridging the ‘digital’ gap between construction and building operations’.
Contact us
If you’re a Main Contractor concerned about protecting your future business or an Asset Owner looking to secure long-term building value, get in touch with our team to discuss how we can help.