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ASTM E2279

Standard Practice for Establishing the Guiding Principles of Property Management

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Organization: ASTM
Publication Date: 1 August 2009
Status: inactive
Page Count: 4
ICS Code (Company organization and management in general): 03.100.01
scope:

This practice covers the creation of a set of guiding principles to be applied to the practice of property management. These principles will enunciate the objectives and intent of the property management community, stress simplified procedures, promote less rather than more, judgment rather than "by-the-book" decisions, and encourage the adoption of "best practices."

The acceptance of these guiding principles has the potential to foster a problem-solving mentality within the property management community, encourage the use of innovative and cost-effective practices, create greater commonality between government and industry practices, and increase the ability of organizations to respond to changing needs and business conditions.

The potential economic and practical benefits of operating in a manner consistent with a set of guidelines outweigh concerns about the loss of predictability, uniformity, and consistency.

The intent of this practice is to provide property management guidance for tangible personal property; however, many of the principles appropriately apply to other types of property.

Document History

January 1, 2015
Standard Practice for Establishing the Guiding Principles of Property Asset Management
This practice covers the creation of a set of guiding principles to be applied to the practice of property management. These principles will enunciate the objectives and intent of the property (also...
ASTM E2279
August 1, 2009
Standard Practice for Establishing the Guiding Principles of Property Management
This practice covers the creation of a set of guiding principles to be applied to the practice of property management. These principles will enunciate the objectives and intent of the property...
May 10, 2003
Standard Practice for Establishing the Guiding Principles of Property Management
This practice covers the creation of a set of guiding principles to be applied to the practice of property management. Such principles will enunciate the objectives and intent of the property...

References

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