Risk Management in Facilities Management

Risk management in facilities management involves identifying, assessing, and mitigating potential problems that could negatively impact a building or its operations. This includes evaluating safety hazards, structural issues, financial risks, and compliance with regulations. By proactively addressing these risks, facilities managers can protect the safety of occupants, preserve property value, and ensure smooth operations. Effective risk management leads to better decision-making, cost savings, and enhanced overall performance of the facility, ensuring it meets the needs of its users while minimizing disruptions and liabilities.