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A Property Managers Guide to Starting, Facilitating and Completing Capital Projects

Author: 
Kaezad Wania
Publication date:
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Article Summary: 

This article provides a guide for property managers on initiating, facilitating, and completing capital projects in condominiums, with a focus on HVAC and plumbing equipment. The pandemic has brought new challenges, necessitating efficient management of building systems. The Reserve Fund Study (RFS) is a valuable tool for planning projects, and key steps involve retaining a consultant, the construction phase, and project closeout. Effective communication with residents during disruptions is crucial. The article emphasizes the importance of early planning due to supply chain issues and provides practical tips to ensure successful project completion.

Keywords: 

property managers, capital projects, condominiums, HVAC, plumbing equipment, Reserve Fund Study, consultant, construction phase, communication, supply chain, planning.

Source Citation: 
Kaezad Wania
A Property Managers Guide to Starting, Facilitating and Completing Capital Projects
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https://acmo.org/publications/cm-magazine/article/376
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