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Capital Projects vs Repairs & Maintenance

Author: 
Van Smith, RCM
Publication date:
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Article Summary: 

Discusses the differences between capital projects and repairs & maintenance in condominium management. It highlights how property managers allocate their time between these two aspects and the challenges they face in managing both. The article emphasizes the importance of budgeting, consulting, obtaining quotations, and using Request for Proposals (RFPs) for capital projects. It also provides insights into managing the time and energy required for different types of projects.

Keywords: 

Capital projects, Repairs & maintenance, Property manager, Reserve Fund Study, Consultants, Quotations, Request for Proposals (RFPs), Canadian Construction Documents Committee (CCDC), Planning, Inspections, Progress meetings.

Source Citation: 
Van Smith, RCM
Capital Projects vs Repairs & Maintenance
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https://acmo.org/publications/cm-magazine/article/450
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