Executive Briefings

Great Care Required in Picking Outside Party to Handle Asset Management, Repair

At some point every industrial plant must bring in an outside contractor to do specialized work such as boiler blasting, concrete waterproofing and ceiling painting that in-house manpower cannot perform on a cost-effective basis. Such an option makes sense, in that many industrial operations do not enjoy the luxury of re-assigning staff to do labor-intensive work that requires additional training. Nor does facility management have at their ready disposal the unique equipment required to perform major maintenance or upgrade projects.

However, the greater challenge lies not in deciding whether or not to call in outside help, but rather, determining which contractor is best able to perform the job on time, within budget, with the best outcome and the least lapses in safety.

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At some point every industrial plant must bring in an outside contractor to do specialized work such as boiler blasting, concrete waterproofing and ceiling painting that in-house manpower cannot perform on a cost-effective basis. Such an option makes sense, in that many industrial operations do not enjoy the luxury of re-assigning staff to do labor-intensive work that requires additional training. Nor does facility management have at their ready disposal the unique equipment required to perform major maintenance or upgrade projects.

However, the greater challenge lies not in deciding whether or not to call in outside help, but rather, determining which contractor is best able to perform the job on time, within budget, with the best outcome and the least lapses in safety.

Read Full Article