Lifecycle costing
QFM provides a structured approach for managing, measuring and comparing the performance of an asset over a defined period, such as a contract. The software highlights the most cost-effective method of maintaining an asset (periodic maintenance, call out or complete refurbishment) and ensures those assets are performing better for longer.
Estimate or forecast costs, create operational scenarios and make long term assumptions in-order-to calculate the impact on capital budgets. Asset depreciation can be calculated to help manage long-term budgeting.