Property Management
Owning/occupying property needs to be part of business strategies and plans
Delivering Property Management: Robert Chapman & Company
The most common problems faced by organisations (of whatever size) in preparing property strategies are:
- Lack of time set aside to prepare the strategies
- Inadequate or incomplete data
- Lack of Senior Management and Corporate Body involvement in their preparation
- The strategy viewed as a task to be completed rather than as an on-going process
- Reluctance to examine options (think the unthinkable) and carry out formal option appraisals
Collecting Estate Data is a time consuming process, especially if information is sparse on condition elements, health and safety matters or DDA. Property condition is a core component of property data and an inherent characteristic of the estate. Improving Estate Data will enhance property management and strategic thinking. The process of acquiring information can act as a catalyst in producing performance indicators and their use.
Performance indicators can be based on
- Property running costs per square metre
- Space per person
- Back log maintenance
Simple Property Strategy:
- The present circumstances (the base data)
- The drivers and objectives
- The gap (problems and weaknesses and opportunities to deal with them)
- The options
- Evaluation of options
- Implementation plan
- Time span
A simplistic description of a strategy is:
- Where are we now?
- Where do we want to get to?
- How are we going to get there?
If you require assistance Contact Robert Chapman and Company.