The Facility Condition Index (FCI) is cost signals divided by Current Replacement Value, expressed as a percentage. Lower is better. Every component below can be enabled, disabled, and weighted per assessment; the defaults are shown.
The numerator: cost signals
The numerator adds up the signals that represent unmet capital and maintenance need.
Explicit deferred maintenance (on, weight 1.0) is the estimated cost of unresolved DM items pinned to in-scope equipment, locations, or buildings.
Past-EUL equipment CRV (on, weight 1.0) is the full replacement value of in-scope equipment whose Expected End of Useful Life date has passed. This is what gives customers without DM records a meaningful score.
Active WO labor (on, weight 1.0) is the logged labor cost on currently open work orders in scope.
Chronic WO penalty (on, multiplier 1.5) adds extra weight to the labor cost of unhealthy open work orders — frozen, on hold, or flagged repeated. The multiplier means chronic work counts 1.5 times normal.
Trailing-365 repair spend (on, weight 0.5) is the inventory, labor, and vendor-invoice cost on work orders completed in the last 365 days, counted at half value.
The denominator and base score
The denominator is Current Replacement Value: the sum of Estimated Replacement Cost across in-scope equipment that has a nonzero value. Retired equipment is excluded.
The base score is the numerator divided by CRV, multiplied by 100.
Multipliers
Multipliers are applied after the base ratio. Each is a toggle plus a weight on the assessment.
PM coverage gap (weight 0.15) raises the score when in-scope equipment lacks PM schedules. Overdue PM ratio (weight 0.20) raises the score as PMs go overdue. Inspection coverage gap (weight 0.10) raises the score when buildings or locations lack inspection schedules.
Repeated WO ratio (weight 0.15) raises the score with the share of open work orders flagged repeated, a chronic-failure signal. Equipment age vs EUL (weight 0.10) is a portfolio-age amplifier: the average of asset age divided by expected useful life.
Forward-scheduled credit (weight negative 0.10) reduces the score for PMs and inspections actually scheduled ahead — the proactive-management credit. DM aging (off by default) inflates DM item cost the longer it stays unresolved.
Ratings
The score is banded into a rating. The default thresholds are: below 5% Excellent, below 10% Good, below 20% Fair, below 30% Poor, and 30% or above Critical.
As an industry rule of thumb, under 5% is typically considered good condition and over 30% is considered poor. Thresholds are configurable per assessment and default from Settings, then Facility Condition.