Manage Environmental Sustainability for Multi-Unit Residential Facilities - Assignment Example

The paper “Manage Environmental Sustainability for Multi-Unit Residential Facilities” is an impressive example of the assignment on environmental studies. The facility management association of Australia is the organization that is tasked with the representation of professionals that are involved in any aspects of the facility being built. Sustainable facility management entails the management and guiding of the maintenance and operations of building and community infrastructure on behalf of the owners. The management of facilities is usually a principal-agent relationship that exists between the owners of the buildings and the organization chosen to oversee the management of the facility. The agency theory identifies that for some reason, the managers are in most cases not the owners of the business entity. The theory thus provides that the interest of the owners may not be achieved without proper management in the organization. In most cases, the owners are usually many to run a single business premise, they may also lack the necessary capacity and knowledge to run the business and that they may also be busy with other duties, therefore, making it hard to achieve the objectives of the business. The agency theory thus provides that agents should be chosen to act on behalf of the owner and help them achieve the objectives of the business.

The study will focus on a multi-unit residential facility which in most cases involves complex relationships between the different stakeholders. Sustainable management of the residential facilities requires that the stakeholders observe some important principles that will encourage easy livability for the tenants in the facility. Among the important principles that require to be observed include; ecological conservation, conservation of building materials, waste minimization, water and energy efficiency, and enhancement of community life. The facility management association of Australia usually focuses on enhancing sustainability within the facilities that they manage to ensure that the tenants usually enjoy the best services in their stay within the facilities. The body also considers the owners and tries to ensure that their activities profit the owners of the facility.