Property management is the operation, control, and oversight of real estate as used in its most broad terms. Management indicates a need to be cared for, monitored and accountability given for its useful life and condition. This is much akin to the role of management in any business.
Property management is also the management of personal property, equipment, tooling and physical capital assets that are acquired and used to build, repair and maintain end item deliverables. Property management involves the processes, systems and manpower required to manage the life cycle of all acquired property as defined above including acquisition, control, accountability, responsibility, maintenance, utilization and disposition.
To achieve its objectives, NABUKO identifies, attracts, allocates and uses a variety of resources: financial, material, human, time and informational.As the achievement of objectives depends directly on the results achieved by employees working in the framework or any company that wants to maintain and develop, NABUKO elaborates and implements specific strategies to fulfil beneficiary needs based on the following principles:
- Recruits, selects, hires competent and well motivated;
- Ensures capable employees within the agency;
- Place each employee position that provides professional potential exploitation in accordance with the objectives;
- It is turning to employee training according to agency requirements;
- Dismiss employees who do not comply with contractual provisions.
For enhancement of human resources at its disposal, NABUKO elaborates and implements organizational strategies geared towards:
- Knowledge of individual characteristics;
- Establish agreement between individual characteristics and position held;
- Motivate individual and group;
- Establishing a system of rewards;
- Performance evaluation of each employee;
- Identify stressors;
- Integration of all employees under agency rules and regulations.