Using the property that your own company occupies, produce a Property and Asset Management Policy to present to the senior management team.
The document should be a maximum 6,000 words and should cover the following topics:
1 PROPERTY PORTFOLIO STRATEGY
Describe the principle aspects of a property portfolio strategy and the implications for you as the facilities manager. Explain which specialists may be needed, and why, in the management of the property portfolio and the criteria for selection and appointment. Explain how you would implement the property portfolio strategy. Explain how you propose to maintain the value of the portfolio to ensure consistency with the facilities management strategy. (AC 1.1, 1.2, 1.3, 1.4)
2 PROPERTY COSTS
Undertake an analysis of the costs, taxes and charges associated with occupying or owning property in general, with specific references to the property you manage. Explain how these might be influenced by the facilities management strategy. Evaluate methods to reduce occupational costs. (AC 2.1, 2.2, 2.3)
3 PROPERTY & ASSET REGISTERS
Evaluate the effectiveness of the register(s) and analyse the tools and methodologies that could be used to enhance the effectiveness of the register(s). (AC 3.1, 3.2)
4 BUILDING DESIGN
Evaluate the effect of building design on the operational use of properties and analyse the way in which building design influences and dictates the way in which properties are managed. Based on research, suggest ways in which Facilities Managers can influence building designs to enhance the future use of properties and improve the facilities management services. (AC 4.1, 4.2, 4.3)
5 PROPERTY RELOCATION
Analyse the planning processes and procedures required for successful property relocation and how you could analyse and select resources required to support property relocation. Propose an outline review process which would ensure that property relocation achieved its objectives. (AC 5.1, 5.2, 5.3)
Cohort Reference No. 4 BIFM Membership No.
(For use up to and including December 2013)
Title:
Property and asset management for facilities managers Level:
5 Credit value:
6 Learning outcomes The learner will: Assessment criteria The learner can:
1. Be able to implement a property portfolio strategy
1.1 Describe the principle aspects of a property portfolio strategy and the implications for a facilities manager.
1.2 Explain why specialists may be needed in the management of property portfolio and the criteria for selection and appointment.
1.3 Explain how to implement property portfolio strategy.
1.4 Explain how to maintain the value of the portfolio to ensure consistency with the facilities management strategy.
2. Be able to manage property costs
2.1 Undertake an analysis of the costs, taxes and charges associated with occupying or owning property.
2.2 Explain how these might be influenced by the facilities management strategy.
2.3 Evaluate methods to reduce occupational costs.
3. Be able to manage property and related asset registers
3.1 Evaluate the effectiveness of the register(s).
3.2 Analyse the tools and methodologies to enhance the effectiveness of the register(s).
4. Be able to evaluate how building design impacts on facilities management and property strategies
4.1 Evaluate the effect of building design on the operational use of properties.
4.2 Analyse the way in which building design influences and dictates the way in which properties are managed
Cohort Reference No. 5 BIFM Membership No.
(For use up to and including December 2013)
4.3 Research ways in which Facilities Managers can influence building designs to enhance the future use of properties and improve the facilities management services.
5. Be able to undertake property relocations
5.1 Analyse the planning processes and procedures required for successful property relocation.
5.2 Analyse and select resources required to support property relocation.
5.3 Outline a review process which would ensure that property relocation achieved its objectives.
Cohort Reference No. 6 BIFM Membership No.
(For use up to and including December 2013)
NOTES TO LEARNERS
1. Remember to always title your assessment e.g.
⌠FM5.16 PROPERTY AND ASSET MANAGEMENT FOR FACILITIES MANAGERS■
2. Remember to always reference each page of your assessment with the Cohort Reference Number and your BIFM Membership Number
3. It is recommended that you annotate your work with the assessment criteria number for ease of marking.
4. Any text which has been copied MUST be accurately referenced to the original source (e.g. Harvard Referencing). Any text which is copied and not referenced is deemed as plagiarism which may result in your work being voided (please refer to the BIFM Malpractice Policy & Procedure). You will be asked to sign a statement to the effect that your assessment is your own work before submission to BIFM for marking.
5. When presenting your assessment please use font size 12.
6. Please ensure every page is correctly numbered.
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