IBOS - Benchmarking Building Performance

Consider how you could apply IBOS to your organisation.

Appreciate the way data can be used to support decision-making.

Describe some of the factors that have changed the way we use property assets and assess their value to an organisation

Summarise the different purposes of applying IBOS to your assets

Describe the pillars and their associated performance indicators

Use a range of data to measure building performance

Identify the optimum methods of capturing data for your organisation

Plan how to capture data that can be used to measure performance

Identify and apply relevant indicators relevant to your organisation

Assess the most appropriate methods of capturing feedback from users to inform the three indicators

Weigh up the Performing pillar against other pillars of performance to take a rounded perspective of property performance.

Critically appraise the methods and processes used by your organisation to capture and analyse property data

Develop a plan for the capturing of data within your organisation to enable you to apply IBOS

Create VCPs to add value to your organisation as a consequence of applying IBOS.

The role of buildings is changing. RICS introduces the International Building Operation Standard (IBOS) to support buildings to be more compliant, functional, economic, sustainable and better performing. IBOS supports organisations that wish to measure the operational performance of their property assets in a consistent manner – irrespective of the type of property or its location.

IBOS can also be used for:

• internal portfolio benchmarking
• portfolio comparison against those of other parties
• day-to-day and strategic asset management
• data optimization
• sustainable asset performance
• ESG reporting
• strategic portfolio planning
• capital planning and prioritisation
• workplace and workforce planning
• post-occupancy research
• compliance assessment and
• user satisfaction assessment.

Meet the trainer

Brian Thompson BSc MBA MRICS is an expert in strategic property asset management and has worked at senior level within the public sector, commercial property consultancy businesses and in management consultancy. 

He has been a member of the RICS Public Sector Group for over a decade and was formerly chair of the Management Consultancy Group in Scotland. With an interest in developing and promoting new ideas, Brian has authored various research papers covering topics such as public private partnerships, linkages between the workplace and productivity of occupiers, and collaborating on the procurement of property services. More recently he wrote the Strategic Public Sector Property Asset Management Guidelines and the innovative International Building Operation Standard. 

Brian regularly contributes articles to the journal of the Association of Chief Estates Surveyors and the RICS Property Journal. 

Course Structure

Module 1 – What is IBOS

Module 2 – Compliant and Functional pillars

Module 3 - Sustainable and Economic pillars

Module 4 - Performing pillar

Module 5 – Capturing data and applying IBOS

Who is this course aimed at?

Who	Examples	How they would use it	Why they would use it
Consultants  Building Performance Consultants  Estate Strategy Consultant  Building Consultancy	Mitie  JLL, CBRE, C&W, Avison Young, etc.  Tuffin Ferraby Taylor	As part of their client service offering to be able to assess and analyse a building's performance.	It is an independent data standard  Following best practice methodology  Credibility to their client offering
Occupiers  Asset & Property & Facility Managers  Head of Estate Management	Barclays Bank (office)  Marks and Spencer (retail)  Westminster School (education)	They would not use it directly but would experience the benefits of professionals using it and having a user and data-led approach to building operation and management.	The occupiers want a better experience when they go to work/shopping/school.
Building Owners  Asset Manager	British Land  Crown Estates  Government and Local Councils	This would be the foundation of their building operation and management strategy.	To enhance the value of their asset  To ensure their property is occupied and they have happy tenants.
Investors  Fund Managers	Aberdeen UK Property Fund  CBRE Property Fund	As part of due diligence in assessing building portfolios	To help them assess the investment potential of assets.

Languages: English

Category: Built environment and construction

Price: 422.05 AUD

Member price: 311.51 AUD

Course Type: E-Learning