What is a Roof Asset Management Program?

Historically, when owners, architects and engineers, roof consultants, contractors, and material suppliers talk about roof design, construction, and maintenance, the focus invariably turns to technical issues such as, products, details, construction processes, roof conditions, guarantees and pricing.

Roof Asset Management starts the discussion of managing roofs from a financial perspective. A roof asset management program focuses on roofs as financial assets of an organization. Cost savings, asset valuation, return on investment, budgeting, and capital conservation and allocation issues are where the discussion of roof management begins and then the discussion proceeds to technical matters.

The Purpose of a Roof Asset Management Program:

The purpose of a Roof Asset Management Program is to save money and conserve cash. Savings are generated and cash is conserved by (a) extending the lives of roofs, (b) more timely maintenance, (c) more efficient use of maintenance dollars, and (d) sharing the cost of maintenance with suppliers whose guarantees remain in force. In addition to the savings generated and the capital conserved, the Program provides managers with better tools to control cash flowing to maintenance and capital expenditures.

The Roof Asset Management Information System:

Central to the program is an information system.

A data based program forms the heart of the information system. Information in the roof asset management program can be organized and presented in a wide variety of reports. The reports generated from the Roof Asset Management Program are essential to the process of managing an organization's roof assets.

A major key to the successful functioning of a Roof Asset Management Program is the accurate collection on an ongoing basis of necessary information on every building and for every roof included in the program.