Introduction to built asset management

"Undertaking responsible and practical repairs and maintenance policies and strategies are becoming an ever-important factor in life cycle management of property assets from owner occupiers to large property portfolios. In this sense building maintenance practices are needed in every development and is therein a very crucial part in every life of every building. This may be predicated on buildings requiring to be well maintained in order to retain the value of the property itself. Furthermore, the buildings will also continue to fulfil their functions if properly maintained and will give the convenience to the tenant and occupants in the buildings. With the technological advancement in buildings over many years and the advent of more complex building elements and services, the area of building management is becoming a 'hot topic' and one that is worth of a more profound and professional approach and address. There has become a need for more prescriptive and perhaps regimented maintenance programmes and procedures to ensure statutory compliance is maintained as legislation becomes more convoluted and to ensure buildings do not develop defects and deteriorate"--