Our approach is based on the Building Asset Interdependency Model. The BAI Model provides a framework organizations can use to design, implement and measure value-centric building asset management. It includes –
- Four core functional activities (Projects, Energy, O&M, Risk) represented by the large circles. Typically these align with the organizational structure and the technology portfolio.
- Four core overlap activities shown in the wedges. These are cross-functional programs designed to optimally manage the tradeoffs between the functional activities. Success depends on proper program design including aligning metrics, incentives, and information.
- An Asset Nexus in the center. This represents three things: a small, centralized Building Asset Management organization tasked with designing and delivering the overall Asset Management program; an information and technology hub; and a focal point for making the asset decisions that maximize value.
The BAI Model provides a context that can be used for anything from establishing individual processes and programs for the functional circles and overlaps to transforming the organization from a strictly functional one to one with a primary focus on assets (see Asset Management Organization).