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Construction management (CM) aims to control the quality of a project's scope, time, and cost (sometimes referred to as a project management triangle or "triple constraints") to maximize the project owner's satisfaction.
Commercial buildings are buildings that are used for commercial purposes, and include office buildings, warehouses, and retail buildings (e.g. convenience stores, 'big box' stores, and shopping malls). In urban locations, a commercial building may combine functions, such as offices on levels 2–10, with retail on floor 1. When space allocated ...
Building performance plays an important role in architecture, building services engineering, building regulation, architectural engineering and construction management. Furthermore, improving building performance (particularly energy efficiency) is important for addressing climate change, since buildings account for 30% of global energy ...
Office buildings by quality [3] [4] Trophy or 5-star building: A landmark property designed by a recognized architect Class A or 4-star building: Rents in the top 30-40% of the local market; well-located; above-average upkeep and management; usually older than a trophy/5-star building
Construction is a general term meaning the art and science of forming objects, systems, or organizations. [1] It comes from the Latin word constructio (from com-"together" and struere "to pile up") and Old French construction. [2] To 'construct' is a verb: the act of building, and the noun is construction: how something is built or the nature ...
An external property management company that will issue and chase up the service charges, supervise the annual budget, and approve any additional works and requirements so that the development complies with current health and safety legislation and to ensure that the residential development, building, or estate is maintained in accordance with the lease requirements and the service level ...
A commercial contract is an agreement containing all the work that should be performed for the construction of a commercial building or non-residential building. A skillfully constructed commercial contract can protect both parties' interests, minimize risks, and increase profitability for the contractor.
The facilities management department has responsibilities for the day-to-day running of the building; these tasks may be outsourced or carried out by directly employed staff. This is a policy issue, but due to the immediacy of the response required in many of the activities involved the facilities manager will often require daily reports or an ...