Issue link: http://read.uberflip.com/i/1413077
42 / SEPTEMBER.OCTOBER.2021 USICERINKS.COM It may not be possible to collect all the information in one shot—but over time, facility data can continue to be built up as documentation is found, shared or pro- vided by vendors or fellow rink managers. It is crucial to start with capital assets (high cost and high-risk assets) which will have the largest impact on facility operations if they were to fail. OPTIMIZED DECISION MODEL Once the data is collected and organized, facility staff will be able to weigh, compare and prioritize assets based on cost, level of service and risk (the three major compo- nents of asset management). Cost: Dollar value that will be invested into the facility's assets/equipment. Level of Service: The amount of work and maintenance going into the facility's assets/equipment. Risk: Probability of Failure (PoF) x Consequence of Failure (CoF) for each piece of equipment. The management team can only pick one of the three components. As an exam- ple: Management can only choose one of the three options and the other two are reactive based on the decision. Scenario #1: Maybe times are tight, and it is too expensive to borrow money so it is determined there will be no investment in the facility ( Cost = Level of Service + Risk). Scenario #2: The team decides to keep risk and potential liability low to keep the community safe, stay operational and avoid lawsuits. This will result in maintaining a higher level of service or more work/ maintenance on facility equipment, which will cost more in staff hours, and proactive maintenance of assets. However, in the long run, it extends the life of assets and postpones major capital asset replacement ( Risk= Level of Service + Cost). By being proactive and collecting all information in a centralized system, it enables a transfer of knowledge to new staff members which will improve training and succession planning. If, for example, staff are away on vacation or leave, facilities will still be able to function independently because all information and procedures are documented and easy to access. RECREATION FACILITY ASSET MANAGEMENT (RFAM) To complete this internally without assis- tance is a daunting task. That is why U.S. Ice Rink Association has partnered with Marmak to provide the inventory module of RFAM at no cost to all Facility Members. This gives members the abil- ity to structure and store all facility data in a central location and leverage that data when it comes to prioritization and decision making. Members can also take advantage of additional modules for facility management including: Inspections, Work Orders, Lifecycle Planning, COVID-19 Screening, Warehouse Tracking. For more information: www.RFAM.ca / info@usicerinks.com / 719-538-1149. J THE BIG TICKET ILLUSTRATIONS: BIG STOCK , Structure and store all facility data in a central location with Marmak's RFAM inventory module.