The First Thing in Building Management The Number One Task of Any Building Manager: Risk Management The first and most important responsibility of any building manager is risk management. Before budgets, before aesthetics, before service levels — the building manager’s primary obligation is to identify, reduce, eliminate, and avoid risk for all stakeholders within the […]
What Is a Methodology Statement? A Methodology Statement sets out the steps a task or scope of work requires from start to finish. Simple enough, right? But its real purpose goes beyond listing actions. A methodology statement is not political, and it is not documentation for documentation’s sake. Its purpose is to require the vendor’s […]
Facility Performance in Commercial Property A Strategic Approach for Investors, Strata & Building Owners Facility Performance (often referred to as Building Performance) is the disciplined management of a property’s operating costs, income protection, and long-term asset value. For investors, strata committees, and commercial property owners, strong Facility Performance means: In simple terms, Facility Performance ensures […]
What Property Managers and Landlords Need to Know In commercial property management, protecting the landlord’s income stream and asset value is paramount. One of the most effective risk-management tools available is the bank guarantee. If you are a property manager or landlord, understanding how bank guarantees work—and ensuring they are correctly administered—is essential. What Is […]