Maintenance and Operations Flashcards

What is 'life-cycle cost analysis' in property management?

Answer: Evaluating the total cost of ownership of a system or component over its useful life, including purchase, operation, and replacement

Life-cycle cost analysis considers all costs—acquisition, operation, maintenance, and eventual replacement—to make informed decisions about building systems.

Which standard measures a building's energy performance relative to similar buildings?

Answer: ENERGY STAR rating

The EPA's ENERGY STAR rating scores commercial buildings from 1–100, with a score of 75 or higher qualifying for certification.

What is the purpose of conducting a 'due diligence' property inspection before acquisition?

Answer: To identify physical deficiencies, deferred maintenance, and capital needs before purchase

Due diligence inspections uncover existing deficiencies and estimate future capital requirements, informing the purchase price and post-acquisition budget.

Asbestos-containing materials (ACM) in buildings built before what year require special handling under federal regulations?

Answer: 1980

Buildings constructed before 1980 may contain asbestos, and EPA and OSHA regulations require special inspection and abatement procedures before renovation or demolition.

What maintenance strategy involves monitoring equipment condition in real time to perform maintenance only when needed?

Answer: Predictive maintenance

Predictive maintenance uses sensors and data analysis to monitor equipment condition and predict failures, allowing maintenance to be performed only when actually needed.

Under OSHA regulations, what is required before employees perform work on energized electrical equipment?

Answer: Lockout/tagout (LOTO) procedures to de-energize and isolate the equipment

OSHA's lockout/tagout standard (29 CFR 1910.147) requires de-energizing equipment and locking it out before any maintenance to prevent accidental energization.