The industry standard for managing property assets will crystallise best practice into a framework of concise, definite statements that can be used to measure attainment in an objective way.

The framework will allow organisations to ascertain and prove a level of attainment in relation to an agreed standard, to track changes in performance over time and identify trends, to diagnose problems and to set goals for improvement. A benchmarking facility will allow results to be compared with other organisations and an index.

Organisations will be able to align or integrate the framework with existing business management system standards including: Quality; Environment; Health & Safety; Data; BSI PAS 55 and PAS 99; other models such as Balanced Scorecard and EFQM Business Excellence Model.

The framework will be published on the Internet and kept up to date to match current practice; it will serve as a blueprint for any organisation that wants to ensure its own management system is aligned with an industry model; a separate user-licence will be available for consultants.

Disseminating the framework as widely as possible in this way will send a positive signal that it is impartial - unrestricted public access and regular maintenance will promote its continued use and relevance.