Public Sector Property Asset Management

In many public sector organisations, there has been little or no adoption of a proactive asset management strategy. Where an extensive property portfolio exists, this can result in poor overall utilisation of the portfolio, exemplified by excessive vacant property or properties not being put to best use. In such situations there is a risk that the building stock deteriorates more rapidly than expected, leading to expensive maintenance and repair charges. Lack of a proactive asset management strategy will impact on the services delivered by such organisations.

Public Sector Property Asset Management covers all aspects of asset management in the public sector, including the overall concept, the development of asset management strategies and the implementation of asset management practices. It evaluates asset management strategies, processes and practices to show how effective management of property assets support business activities or service delivery functions. The reader will understand the importance of improving decision–making through the recognition of all costs of owning and operating those assets throughout their lifecycle, leading to improved business process activities or service delivery functions which greatly assist in meeting the social and economic objectives of such organisations.

Written for all practitioners currently involved in asset management, the book will also be useful in the university environment, to those teaching, researching or learning about asset management in the public sector.

Malawi Ngwira MRICS holds an MSc degree from Robert Gordon University and an MBA from the University of Reading. He is a lecturer in real estate valuation and asset management in the School of Engineering and Built Environment at Glasgow Caledonian University, where he leads the BSc (Hons) Property Management and Valuation programme and is Assistant Director of the Centre for Built Environment Asset Management (BEAM). With 15 years experience as a Chartered Surveyor and Valuer before entering academe, he has extensive experience in asset management work for public bodies in the UK and has consulted on the subject overseas.

David Manase PhD MPhil BSc ICIOB is a lecturer in construction cost studies in the School of Engineering and the Built Environment at Glasgow Caledonian University. He leads the MSc quantity surveying programme in the school and delivers the Value and Risk Appraisal Module at undergraduate level, and the Value Management module for MSc programmes. He has wide local and international experience having worked as a Quantity Surveyor for various contractors and professional quantity surveying firms on projects in the UK, South Africa and Zambia.