PAPERBACK
ISBN 978-1-918557-01-5
276 pages
Publication date: February 20, 2026
HARDBACK
Details to be announced
E-BOOK
ISBN 978-1-918557-02-2
<2 Mb
Publication date: March 1, 2026
NEW RELEASE: FACILITY ASSET MANAGEMENT
Performance, Risk & Value
There is growing acceptance that professional and technical silos in the built environment continue to hinder the achievement of optimal performance and value realisation for owners, operators, owner-operators and major tenants. This ground-breaking book defines the core principles of facility asset management, providing a comprehensive guide to an integrated approach that moves beyond disparate management practices to maximize the value of all organizational assets. In today’s dynamic business environment, breaking down departmental silos is crucial for success, and this book shows how to achieve integration of processes, functions and outputs. It offers a robust framework for understanding asset life cycles, criticality, reliability and risk, where data-driven decision-making is enhanced by artificial intelligence and machine learning.
This book is aimed at business leaders, senior managers, asset managers, facility managers, consultants, researchers and academics seeking to understand and implement effective management of the built environment. Readers will understand how to move from simply maintaining facilities and their assets to managing them strategically as key drivers of performance and value, contributing directly to organisational goals and business objectives. Significant among the topics covered in this book are predictive maintenance, life cycle cost appraisal, risk management, change management, resilience, business continuity, disaster recovery, workflow automation, smart buildings, digital twins and blockchain technology within the context of sustainable development and practices. This book will equip readers with the knowledge, insights and techniques needed to optimise asset performance, reduce risk and maximise value.
Book structure
The book is divided into three major parts, plus appendices, bibliography, and a comprehensive index
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Each part contains several chapters, each of which is gievn below.
PART I: FOUNDATIONS – THE EVOLVING LANDSCAPE
1. Breaking Down Silos; 2. Understanding the Value Perspective; 3. Facility Management Perspective; 4. Asset Management Perspective.
PART II: IMPLEMENTING FACILITY ASSET MANAGEMENT
5. Data – A Cornerstone of FAM; 6. Enabling Technology; 7. Processes & Workflows; 8. Life Cycle & Cost; 9. Externally Provided Services & Contract Management.
PART III: ADVANCED CONCEPTS & FUTURE TRENDS
10. Sustainability & Resiliences; 11. Risk Management & Business Continuity; 12. Smart Buildings & Future Work Environment; 13. Innovation & Emerging Technologies.
APPENDICES (GLOSSARY, TEMPLATES, CHECKLISTS)
A glossary of terms used in the book, sample asset register template, KPI categories and a standards and regulations checklist.
BIBLIOGRAPHY
International standards (27), other publications, and further reading.
The Authors
Duncan Waddell & Brian Atkin
Duncan Waddell has a professional background in business management, initially working in the industrial manufacturing sector, then moving into the built environment sector in 1985. The career change led him to the field of facility management, a relatively new area of management focus at that time. He founded an organisation that provided strategic advisory services in Australia and then expanded internationally in providing consulting, as well as learning and development courses, across the facilities, asset and property management fields. Duncan is a founding member of the Facility Management Association in Australia where he held the roles of a director and chair and was awarded life membership. He has actively promoted FM internationally in roles such as a director and chair of Global FM. Duncan is the current chair of ISO/TC 267 – Facility Management, the ISO committee responsible for the ISO 41000 series of standards.
Duncan Waddell
Brian Atkin holds a doctorate from the University of Reading in the UK and a master’s degree by research into the costs of major engineering infrastructure. His research, training and consultancy activities extend across the entire life cycle of built assets, from acquisition and planning, through delivery of assets, to their operation, use, maintenance and end of life. Brian has held professorial or visiting fellow positions in the UK, Sweden, Australia, Iceland and Finland. As a member of the British Standards Institution (BSI) FM Technical Committee, he has been closely involved in the drafting of national standards. In addition, he represents BSI on ISO/TC 267 – Facility Management, the ISO committee responsible for the ISO 41000 series of standards, where he has been similarly involved in standards’ development. Brian is co-author of Total Facility Management, published by Wiley, and is the author of numerous research papers and reports.
