Preventive Maintenance Plans (PMPs) – An Ounce of Prevention Is Worth a Pound of Cure

The article discusses the importance of Preventive Maintenance Plans (PMPs) for condo complexes to maintain a functioning and comfortable living environment for residents. PMPs involve regular maintenance, inspections, and servicing to reduce damage and failure of building structures or system components. The article outlines the key components of an effective PMP, including building exterior and interior maintenance, elevator servicing, electrical and lighting checks, safety and security measures, HVAC inspections, and plumbing maintenance. PMPs are seen as an excellent return on investment, as they prevent major problems, improve safety and property values, and reduce insurance claims and premiums. Although setting up a PMP may involve some challenges, the benefits outweigh them significantly.