Give an explanation of why maintenance management is a critical operational function and must be treated accordingly in strategic asset management if a business is to function efficiently and effectively. Choose a “commercial real estate company”, who are mostly engaged with maintenance management of property assets and use a SWOT (strengths, weaknesses, opportunities and threats) analysis to explain its maintenance management components. Word limit for this assignment is 2,500 words.
Accurate explanation of maintenance management as a critical operational function (8 marks)
Explanation of maintenance management components of a chosen “commercial real estate company” (18 marks)