The Real Property Portfolio has significant financial and operational impact in most organizations. Yet in many organizations there is a gap and disconnect between the various build environment functions. Currently, there is no easily accessible assessment tool available to stu dy the efficiency of Facility Management processes and to compare maturity benchmarks. The aim of the project was to develop an “industry independent” framework that can effectively classify and compare existing FM/RE practices within and across industry boundaries. Researcher investigated and evaluated current FM/RE management models and analysis tools and developed an assessment tool to measure Facility Management capability of an organization. The “Built Environment Management Model” (BEM2) is a process framework for FM/RE, which is extended into the “Built Environment Management Maturity Model” (BEM3) to measure FM/RE maturity. Using the tool, the research team analyzed the FM capability of more than 50 organizations with major real estate portfolios in the US and Europe. The resulting capability profiles provide an overview of current practices in Facilities Management. The profiles also allow organizations to develop “winnable” improvement initiatives to increase the strategic value of the FM function.
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Science Journal of Business and Management (Volume 3, Issue 1-2)
This article belongs to the Special Issue Business Analytics and Management |
DOI | 10.11648/j.sjbm.s.2015030102.11 |
Page(s) | 1-9 |
Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
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Copyright © The Author(s), 2014. Published by Science Publishing Group |
Built Environment, Facility Management, Capability Profiles, Performance Measurement
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APA Style
Thomas Madritsch, Matthias Ebinger. (2014). Developing a New Management Model for the Built Environment: The Built Environment Management Model BEM2 and BEM3. Science Journal of Business and Management, 3(1-2), 1-9. https://doi.org/10.11648/j.sjbm.s.2015030102.11
ACS Style
Thomas Madritsch; Matthias Ebinger. Developing a New Management Model for the Built Environment: The Built Environment Management Model BEM2 and BEM3. Sci. J. Bus. Manag. 2014, 3(1-2), 1-9. doi: 10.11648/j.sjbm.s.2015030102.11
AMA Style
Thomas Madritsch, Matthias Ebinger. Developing a New Management Model for the Built Environment: The Built Environment Management Model BEM2 and BEM3. Sci J Bus Manag. 2014;3(1-2):1-9. doi: 10.11648/j.sjbm.s.2015030102.11
@article{10.11648/j.sjbm.s.2015030102.11, author = {Thomas Madritsch and Matthias Ebinger}, title = {Developing a New Management Model for the Built Environment: The Built Environment Management Model BEM2 and BEM3}, journal = {Science Journal of Business and Management}, volume = {3}, number = {1-2}, pages = {1-9}, doi = {10.11648/j.sjbm.s.2015030102.11}, url = {https://doi.org/10.11648/j.sjbm.s.2015030102.11}, eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.sjbm.s.2015030102.11}, abstract = {The Real Property Portfolio has significant financial and operational impact in most organizations. Yet in many organizations there is a gap and disconnect between the various build environment functions. Currently, there is no easily accessible assessment tool available to stu dy the efficiency of Facility Management processes and to compare maturity benchmarks. The aim of the project was to develop an “industry independent” framework that can effectively classify and compare existing FM/RE practices within and across industry boundaries. Researcher investigated and evaluated current FM/RE management models and analysis tools and developed an assessment tool to measure Facility Management capability of an organization. The “Built Environment Management Model” (BEM2) is a process framework for FM/RE, which is extended into the “Built Environment Management Maturity Model” (BEM3) to measure FM/RE maturity. Using the tool, the research team analyzed the FM capability of more than 50 organizations with major real estate portfolios in the US and Europe. The resulting capability profiles provide an overview of current practices in Facilities Management. The profiles also allow organizations to develop “winnable” improvement initiatives to increase the strategic value of the FM function.}, year = {2014} }
TY - JOUR T1 - Developing a New Management Model for the Built Environment: The Built Environment Management Model BEM2 and BEM3 AU - Thomas Madritsch AU - Matthias Ebinger Y1 - 2014/08/20 PY - 2014 N1 - https://doi.org/10.11648/j.sjbm.s.2015030102.11 DO - 10.11648/j.sjbm.s.2015030102.11 T2 - Science Journal of Business and Management JF - Science Journal of Business and Management JO - Science Journal of Business and Management SP - 1 EP - 9 PB - Science Publishing Group SN - 2331-0634 UR - https://doi.org/10.11648/j.sjbm.s.2015030102.11 AB - The Real Property Portfolio has significant financial and operational impact in most organizations. Yet in many organizations there is a gap and disconnect between the various build environment functions. Currently, there is no easily accessible assessment tool available to stu dy the efficiency of Facility Management processes and to compare maturity benchmarks. The aim of the project was to develop an “industry independent” framework that can effectively classify and compare existing FM/RE practices within and across industry boundaries. Researcher investigated and evaluated current FM/RE management models and analysis tools and developed an assessment tool to measure Facility Management capability of an organization. The “Built Environment Management Model” (BEM2) is a process framework for FM/RE, which is extended into the “Built Environment Management Maturity Model” (BEM3) to measure FM/RE maturity. Using the tool, the research team analyzed the FM capability of more than 50 organizations with major real estate portfolios in the US and Europe. The resulting capability profiles provide an overview of current practices in Facilities Management. The profiles also allow organizations to develop “winnable” improvement initiatives to increase the strategic value of the FM function. VL - 3 IS - 1-2 ER -