Overview

The provision and ongoing management of physical infrastructure is increasingly being acknowledged as an integral part of strategic business planning, as it provides the enabling working environment, in both the public or the private sectors. This consideration, which may be termed strategic asset management, is based on a whole-life or life-cycle approach to the management of physical assets. It recognises the importance of the working environment as a catalyst of organisation culture and continuous improvement, and focuses on cost and value rather than on 'bricks and mortar'. This has become particularly relevant in recent years with a clear shift of focus from the new construction sector of the building industry to the refurbishment, repair and maintenance sectors; which, for instance, are now roughly the same size in the UK construction industry. Property owners are beginning to realise the value of their property portfolio and the need to invest in its proper management and maintenance to realise its market value. Moreover, the growth and application of information technology makes such a holistic approach both feasible and effective. Professional surveyors, real estate or property managers, facilities managers and maintenance managers, should find this book useful, as should graduate students in real estate, facilities management and related MBA programmes, and final year undergraduates in building surveying, building and estate management.

Full Product Details

9780415274944

Table of Contents

Reviews

""Facilities Management and the Business of Managing Assets has sufficient breadth to show how various aspects of FM impact business outcomes. It is more about presenting sound arguments about the value propositions of Facilities Management than it is about ‘selling’ the function per se. Its width, despite its compact size) is commendable. From the advantages of lifecycle costing to supporting key capabilities, the text is all about understanding the value of FM for businesses. Written in an extremely lucid and approachable style, Facilities Management and the Business of Managing Assets is a timely and useful text. I can see it being used as a text for undergraduate and graduate programs… and also being referred to be practitioners. A must read for business managers, if they are to understand the need for alignment between business needs and Facilities Management strategies."" Zehra Waheed, Suleman Dawood School of Business, Lahore University of Management Sciences (LUMS), Pakistan, in Facilities, Volume 36, Number 5/6

Facilities Management and the Business of Managing Assets has sufficient breadth to show how various aspects of FM impact business outcomes. It is more about presenting sound arguments about the value propositions of Facilities Management than it is about `selling' the function per se. Its width, despite its compact size) is commendable. From the advantages of lifecycle costing to supporting key capabilities, the text is all about understanding the value of FM for businesses. Written in an extremely lucid and approachable style, Facilities Management and the Business of Managing Assets is a timely and useful text. I can see it being used as a text for undergraduate and graduate programs... and also being referred to be practitioners. A must read for business managers, if they are to understand the need for alignment between business needs and Facilities Management strategies. Zehra Waheed, Suleman Dawood School of Business, Lahore University of Management Sciences (LUMS), Pakistan, in Facilities, Volume 36, Number 5/6

Facilities Management and the Business of Managing Assets has sufficient breadth to show how various aspects of FM impact business outcomes. It is more about presenting sound arguments about the value propositions of Facilities Management than it is about 'selling' the function per se. Its width, despite its compact size) is commendable. From the advantages of lifecycle costing to supporting key capabilities, the text is all about understanding the value of FM for businesses. Written in an extremely lucid and approachable style, Facilities Management and the Business of Managing Assets is a timely and useful text. I can see it being used as a text for undergraduate and graduate programs... and also being referred to be practitioners. A must read for business managers, if they are to understand the need for alignment between business needs and Facilities Management strategies. Zehra Waheed, Suleman Dawood School of Business, Lahore University of Management Sciences (LUMS), Pakistan, in Facilities, Volume 36, Number 5/6

Author Information

Danny Then Shiem-Shin is Joint Coordinator CIB Working Commission W070 for Facilities Management and Asset Maintenance. Danny’s academic career spans over three universities (Heriot-Watt University, Queensland University of Technology and Hong Kong Polytechnic University) where he developed postgraduate programmes in facilities management in departments with a focus on construction/property management and building services engineering. He has published and presented more than 70 papers internationally and co-authored Facilities Management and the Business of Space (2001). Tan Teng Hee is an electrical engineer with 37 years’ experience in electrical engineering, maintenance and facilities management across a diverse range of facilities including a large cultural centre, military facilities, hospitals, university campus, and government and commercial office buildings. He worked for the public and private sectors in Malaysia and Australia. Currently he is a facilities management advisor and lectures as a visiting lecturer.

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