RICS Technical Due Diligence Guidance Talk

Thursday, October 8, 2009
8:00AM - 9:00AM
World Workplace 2009 Conference & Expo
Orlando, Fla. -- Orange County Convention Center
1.02 Technical Due Diligence Essentials
Stephen Ballesty CFM, CCC, MRICS, FAIQS, Rider Levett Bucknall, Sydney, Australia
Track: International Outlook
Knowledge Level: Advanced
http://www.worldworkplace.org/2009/conference/sessions/ed_sessions_track.cfm?track=2&submit3=Search

Until recently many FMs disregarded technical due diligence and found risk assessment unnecessary in a constantly rising market. Now we are required to have a better understanding of the assets we acquire, hold or dispose. Facility managers not only have a vital role in maintaining asset values, but also in consistently conducting and/or managing periodic and ongoing due diligence audits. Developed in Australia, the Royal Institution of Chartered Surveyors’ new 2009 Technical Due Diligence Guidance Notes provides a best practice approach to reporting risk and quality issues for investors, developers, purchasers, vendors and managers of commercial and industrial facilities.

Objectives:

• Gain an international perspective on risk and quality issues based on the Australian experience.
• Examine innovations in office building quality assessment and due diligence reporting.
• Acquire existing buildings solutions to enhance the quality and value of your facilities.

Credits:
0.10 CEU; 1.00 LU