iv. Asset Performance & Optimization

Asset performance and optimization focus on measuring how well a property operates relative to its objectives and identifying opportunities to improve efficiency, income, and long-term value. These activities translate operational data into actionable insights for owners and managers.

Asset Performance Indicator (API)

A metric used to evaluate how effectively a property meets operational, financial, or strategic objectives.

Benchmarking

The process of comparing asset performance against peer properties, historical data, or industry standards.

Energy Efficiency

The degree to which a building minimizes energy consumption while maintaining required performance and comfort.

Operational Efficiency

The effectiveness with which resources such as labor, energy, and capital are utilized in property operations.

Performance Baseline

A reference point used to measure changes or improvements in asset performance over time.

Preventive Optimization

Adjustments made to operations or systems to improve performance before issues arise.

Resource Utilization

The extent to which building systems, space, and services are used effectively.

Service Performance

The quality and reliability of services delivered to tenants and occupants.

Variance Analysis

The evaluation of differences between expected and actual performance results.