In a Blueprint to Create a Facilities Maintenance Budget, we will walk you through the five necessary steps in creating a master budget.

Think of this resource as a blueprint—we are giving you the instructions. Now it’s up to you to bring your own unique needs and considerations to the table to build the proper budget that fits your need. While some steps may be more important to you than others, rest assured that each one of these steps plays an invaluable role in setting up your facilities maintenance budget and team for success.

Facilities Maintenance Budget Steps

Step 1: Build Your Maintenance Team – People and things to consider when you begin to select your team.

Step 2: Track Current Operating Conditions and Benchmarks – Research. Track. Review. Analyze. Repeat.

Step 3: Determine Short-Term and Long-Term Expenditures – What are your goals and how are you going to accomplish them? Are they short-term or long-term expenditures and how to budget for them.

Step 4: Involve Your Vendors – Consult your vendors and peers. It’ll go a long way.

Step 5: Prioritize Preventive Maintenance – Plan ahead by focusing on the key to keeping your assets running efficiently, preventative maintenance.

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Also, be sure to check out our guide on how to create a facilities preventive maintenance schedule. In it we discuss why planning you maintenance schedule is an investment in your productivity along with a general list to get you started.