Tag: portfolio

Managing your Parking Lot Portfolio

Rose Paving / April 24, 2013

For many years, the paving industry has promoted pavement management planning or PMP to help facility professionals optimize pavement maintenance for multiple parking lots. While PMP is still an important tool for any facility manager, it alone cannot produce real-time condition reports and projected costs for an entire parking lot portfolio. An inventory management system can fill in the gaps and provide valuable benefits. With an inventory, it is possible to track pavement condition for multiple sites without even leaving the office. Furthermore, maintenance history and repair recommendations can be logged to assist with budgeting for and scheduling future preventative or structural maintenance.