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Web FM was established in 200 to flourish a new approach to project handover. Founding Director Stuart Smith occupied as an asset management consultant during the construction of major venues for the Sydney Olympic Games realized that the current asset handover process and associated documentation like Operations and Maintenance Manuals was extremely inept and resulted in extended delay, duplicated data arrest and wasted resources. The Company engaged two young web developers and using Stuart’s process designs developed a system that would revolutionize the total handover process and bring it into the 21st century. By leveraging the fresh communications temperate of the internet, and creating a database system to apprehend the information a innovative approach was developed. Stuart was able to deliver the Operating and Maintenance information to clients in formats that could be tailored for direct import into their Asset Management systems. This was one of the greatest inefficiencies in the vogue process as this information had to be manually entered from the difficult copy manuals by the owner. The new system not only provided visibility of the manuals to the project managers, consultants and the owner prior to handover, it allowed to them to review and check the content healthy in advance. Premature adopters like MSW Health and defense saw the immediate benefits, such as standardized format for all projects, asset data ready to use and authentic savings in time, cost and improved quality. Contractors also started to see the benefits Manuals could be created progressively as labor was completed, the reconfigured format avoided confusion and wasted effort, and if old healthy would avoid the end minute’ panic to attain handover. Since 2001 the system has been and is quiet being expanded and improved. The Company also continues to yield asset management consulting services. This ensures the firm is at the cutting edge of new business practice and at the identical time retains a definite understanding of how things actually work.
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