Which area does Asset/Property/Facility Management NOT cover?

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Asset, property, and facility management primarily focus on the effective and efficient operation of buildings, real estate investments, and maintenance tasks associated with the properties. Building operations encompass aspects such as maintenance, repairs, and ensuring that the property meets all regulatory requirements. Real estate investment involves overseeing the financial performance of properties, maximizing their value, and ensuring smart investment decisions are made regarding the assets.

While workplace health management might seem related to the broader theme of managing facilities, it is more specifically tied to ensuring a healthy working environment for employees, which is not a core focus under traditional asset/property/facility management. These management domains emphasize operational, financial, and maintenance aspects rather than the health and wellness factor associated with workplace health management.

Residential home maintenance, while it deals with properties, is more about the upkeep of individual homes rather than the broader scope of facility management, which often deals with commercial or multi-unit residential properties. Therefore, workplace health management stands apart from the other areas because it does not directly pertain to the management of the physical assets in the same way that the other choices do.

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