Abstract:
With increased architectural, design and functional requirements and complexities, maintaining a modern building can easily become a costly affair. There is much evidence in the literature review as well as from the factual data, showing the significant increase of the maintenance budget in the recent past. This is due to the fact that, these complexities eventually generate many deficiencies and difficulties and, in turn, creates a tremendous maintenance workload and an undue budget. Therefore, the purpose of this paper is to discuss factors related to such issues in the form of risks involved in the maintainability of buildings and further, explore several strategies and industry actions at the industry level to resolve this burning problem. This paper is focused to address the condominium properties.
