--- title: How building management companies can support strata committees with their project management requirements description: Today, strata committees may undertake various capital work projects to improve the experience of residents. Here, building management companies can help. image: https://blog.accordproperty.com.au/hubfs/_strata%20building%20management.png --- [![Accord](https://blog.accordproperty.com.au/hubfs/Accord_Logo_white-header.png) ![Accord](https://blog.accordproperty.com.au/hubfs/Accord_Logo@2x.png)](https://www.accordproperty.com.au) - [Services](https://www.accordproperty.com.au/facilities-management/) - Commercial - [Commercial facility management services](https://www.accordproperty.com.au/commercial/) - [Commercial cleaning](https://www.accordproperty.com.au/cleaning/) - [Commercial grounds and gardens](https://www.accordproperty.com.au/commercial-garden-maintenance/) - Strata - [Strata building management services](https://www.accordproperty.com.au/strata/) - [Strata cleaning](https://www.accordproperty.com.au/cleaning/) - [Strata grounds and gardens](https://www.accordproperty.com.au/grounds-and-gardens/) - [New development services](https://www.accordproperty.com.au/new-development-services/) - [Business](https://www.accordproperty.com.au/our-business/) - [Portfolio](https://www.accordproperty.com.au/projects/) - [Insights](https://blog.accordproperty.com.au/) - [Join Our Team](https://www.accordproperty.com.au/employment/) - [Contact Us](https://www.accordproperty.com.au/contact/) - [Login](https://accordproperty.bluefolder.com/portal/) - [Service request form](https://accordproperty.bluefolder.com/portal/) - [Customer portal login](https://accordproperty.bluefolder.com/portal/login.aspx) - [Team login (Web)](https://accordproperty.bluefolder.com/) - [Team login (Mobile)](https://accordproperty.bluefolder.com/mobi/Login.aspx?ReturnUrl=%2fmobi%2f) - [1300 122 267](tel:1300%20122%20267) # How building management companies can support strata committees with their project management requirements ![](https://blog.accordproperty.com.au/hubfs/_strata%20building%20management.png) The strata space today has become increasingly competitive, with hundreds of new properties developed each year, ranging from apartment-style buildings to condominiums and villas. There are more than 900,000 strata and community-titled properties, in fact, and over 1.1 million strata residents in New South Wales alone. What’s more? In 2021, 15% of the New South Wales population lived in strata schemes and more than [70%](https://nsw.strata.community/strata-popularity-continues-to-grow/) of all residential buildings built last year in Sydney are strata properties. This means that it’s incredibly difficult now more than ever before to stand out from the competition and attract potential strata residents while delivering an impeccable living experience to the existing residents. As a strata committee member, you may want to invest in expansion projects or improvement projects to make your strata property stand out. But managing capital works projects can be a challenging prospect when you don’t have prior experience in project management or don’t have a system to support and oversee your efforts. This is where building management companies can help you achieve your project goals. They can lend their expertise to ensure that your projects are completed on time and under budget. If you’re still unclear about the benefits, here’s a detailed look into how building management services providers can support strata committees with their project management requirements.  ### **They provide professional advice and support** When it comes to project management, having someone who’s been there and done that to guide your project is crucial. Essentially, experience is the key driver for a successful expansion or improvement project. Contemporary trusted building management service providers offer more than just regular maintenance and [strata cleaning services](https://blog.accordproperty.com.au/blog/contracting-the-right-team-for-strata-cleaning-services-3-things-to-keep-in-mind). They can deliver personnel such as strata managers—full-time or part-time—and account managers who have extensive experience in managing capital works projects. Building management service providers can also provide proactive advice to you and your fellow strata committee members regarding any compliance requirements with the relevant legislation on building maintenance and safety. They can also advise you on how to ensure that your strata property complies with the city, state, regional, and national regulations. These companies can also support you in tracking, evaluating, and implementing laws related to property ownership management and other projects as these regulations change frequently. ### **They support management and governance** To complete a project successfully, you need to regularly inspect the work your construction, cleaning, or maintenance contractors are doing. This way you can reduce errors that can snowball into expensive bills. Building management companies offer proactive tracking and inspection services with the backing of site-specific inspection checklists. These checklists can cover a wide range of things, from funds to the procurement of materials and personnel. They also facilitate the sourcing and supervision of capital works tenders and undertake the necessary project management duties. In addition, building management service providers can ensure that any undergoing projects don’t hinder your fellow strata residents. They can help design and enforce proactive measures that protect residents. ### **They offer information management support** Managing capital works projects involves quite a lot of paperwork that needs to be managed with accuracy and consistency to avoid financial and non-financial losses.  If you fail to maintain proper documentation, it can also cause accountability issues as there will be no information available to trace the responsible parties for different aspects of the project. This is where building management companies can add a lot of value to your project management operations. They can help manage all the essential paperwork efficiently and eliminate the need to repair and audit the documents; this is more helpful if you have to manage multiple projects. ### **They help with finance and fund management ** When discussing project management, finances are a very important talking point. After all, how your funds are managed can have a bearing on the outcome of your projects. Thankfully, reputed building management service providers are backed by the knowledge of financial processes associated with project management and can help you determine how to manage property finance effectively. They provide consulting and support to manage your finances and utilise your funds efficiently. This will ensure that your funds are distributed properly. They also help save costs wherever possible and ensure that there are no financial loopholes in your financial statements.  ### **Reputed building management companies ensure the success of strata projects** With many strata committees looking to improve their property or expand it to stand up to the competition, you must enlist the help of experts to keep ahead of the competition—strata building management companies can do exactly that by providing the support you need. ## Share: ### Categories - [Strata Cleaning (20)](https://blog.accordproperty.com.au/tag/strata-cleaning) - [Commercial cleaning (19)](https://blog.accordproperty.com.au/tag/commercial-cleaning) - [Strata building management (16)](https://blog.accordproperty.com.au/tag/strata-building-management) - [Building Management (14)](https://blog.accordproperty.com.au/tag/building-management) - [Commercial cleaning / Strata cleaning (13)](https://blog.accordproperty.com.au/tag/commercial-cleaning-strata-cleaning) - [Strata management (10)](https://blog.accordproperty.com.au/tag/strata-management) - [commercial cleaning in Sydney (10)](https://blog.accordproperty.com.au/tag/commercial-cleaning-in-sydney) - [Facilities Management (5)](https://blog.accordproperty.com.au/tag/facilities-management) - [Grounds and gardens (5)](https://blog.accordproperty.com.au/tag/grounds-and-gardens) - [Cleaning (3)](https://blog.accordproperty.com.au/tag/cleaning) - [Commercial facility management (3)](https://blog.accordproperty.com.au/tag/commercial-facility-management) - [Facilities management services (3)](https://blog.accordproperty.com.au/tag/facilities-management-services) - [Corporate garden maintenance (2)](https://blog.accordproperty.com.au/tag/corporate-garden-maintenance) - [Facility Management Services (2)](https://blog.accordproperty.com.au/tag/facility-management-services) - [Facility maintenance (2)](https://blog.accordproperty.com.au/tag/facility-maintenance) - [Industrial facility management services (2)](https://blog.accordproperty.com.au/tag/industrial-facility-management-services) - [Cleaning & maintenance (1)](https://blog.accordproperty.com.au/tag/cleaning-maintenance) - [Commercial Grounds Maintenance (1)](https://blog.accordproperty.com.au/tag/commercial-grounds-maintenance) - [Corporate facility management services (1)](https://blog.accordproperty.com.au/tag/corporate-facility-management-services) - [Labour shortage (1)](https://blog.accordproperty.com.au/tag/labour-shortage) - [Professional office cleaning services (1)](https://blog.accordproperty.com.au/tag/professional-office-cleaning-services) - [building management plan (1)](https://blog.accordproperty.com.au/tag/building-management-plan) - [commercial cleaning experience (1)](https://blog.accordproperty.com.au/tag/commercial-cleaning-experience) - [commercial restaurant cleaning services (1)](https://blog.accordproperty.com.au/tag/commercial-restaurant-cleaning-services) - [deep office cleaning services (1)](https://blog.accordproperty.com.au/tag/deep-office-cleaning-services) - [environmental cleaning companies (1)](https://blog.accordproperty.com.au/tag/environmental-cleaning-companies) - [environmental cleaning procedures (1)](https://blog.accordproperty.com.au/tag/environmental-cleaning-procedures) - [facade cleaning methods (1)](https://blog.accordproperty.com.au/tag/facade-cleaning-methods) - [facade cleaning services (1)](https://blog.accordproperty.com.au/tag/facade-cleaning-services) - [hazmat cleaning services (1)](https://blog.accordproperty.com.au/tag/hazmat-cleaning-services) - [industrial high-pressure cleaning (1)](https://blog.accordproperty.com.au/tag/industrial-high-pressure-cleaning) - [leisure centre cleaning (1)](https://blog.accordproperty.com.au/tag/leisure-centre-cleaning) - [professional office cleaners (1)](https://blog.accordproperty.com.au/tag/professional-office-cleaners) - [pub cleaning (1)](https://blog.accordproperty.com.au/tag/pub-cleaning) - [strata compliance (1)](https://blog.accordproperty.com.au/tag/strata-compliance) - [strata scheme management (1)](https://blog.accordproperty.com.au/tag/strata-scheme-management) - [supermarket cleaning checklist (1)](https://blog.accordproperty.com.au/tag/supermarket-cleaning-checklist) See all ### Recent Posts ### Contact Us Ready To Run Your Building Better & Smarter? [Get A Proposal](https://www.accordproperty.com.au/contact) ![Accord](https://blog.accordproperty.com.au/hs-fs/hubfs/raw_assets/public/AccordPropertyServices_March2021/images/Accord_Logo_footer.png?width=203&name=Accord_Logo_footer.png "Accord") We provide a high quality, tailored facility management service. We’ll take care of building space planning, sustainability, compliance and safety, and operations and maintenance requirements. - OUR INDUSTRY SOLUTIONS - [Strata Cleaning Sydney](https://www.accordproperty.com.au/strata-cleaning-sydney) - [Sport and Leisure Cleaning Sydney](https://www.accordproperty.com.au/sport-and-leisure-cleaning-sydney) - [Medical Centre Cleaning Sydney](https://www.accordproperty.com.au/medical-centre-cleaning-sydney) - [Industrial Cleaning](https://www.accordproperty.com.au/industrial-cleaning-in-sydney) - [Hospitality Cleaning](https://www.accordproperty.com.au/hospitality-cleaning-sydney) - [Education and School Cleaning](https://www.accordproperty.com.au/education-and-school-cleaning-sydney) - [Office Cleaning](https://www.accordproperty.com.au/office-cleaning-sydney) - OUR SERVICES - [Facilities Management](https://www.accordproperty.com.au/facilities-management) - [Cleaning](https://www.accordproperty.com.au/Cleaning) - [Grounds and Gardens](https://www.accordproperty.com.au/grounds-and-gardens) - [New Development Services](https://www.accordproperty.com.au/new-development-services) - [Blog](https://www.accordproperty.com.au/blog) - CONTACT INFO - Level 2, 25 Ryde Road Pymble NSW 2073 Australia © 2021 Accord Property Services Pty Ltd | [Privacy Policy](https://www.accordproperty.com.au/privacy-policy/)