CommPropRisk (CPR) is a risk management tool for either Professionally Managed or Self Managed Community Schemes. The tool can be used by both Managing Agents or the Trustees/Directors/Estate Management/Office Bearers of a Community Scheme, to help them identify and manage the risks and areas of weakness and the vulnerability to risk of the Community Scheme under their management or fiduciary responsibility.

Become A Member

The tool focuses on the critical areas of Property Complexity, Management Complexity, Financial Control, Balance Sheet, Income Statement/Expense Management, Levies/Debtors, Operational elements/areas, Regulatory and Legal, Governance and Oversight.

Learn More

The feedback and guidance provided by the tool will not only facilitate the improvement of risk management and governance in Community Schemes but will help Managing Agents/ Trustees/ Directors/Estate Management/Office Bearers/Developers/Operators to focus on the key areas of risk and weakness and the  responsibility for these.

Become A Member

The tool can also play a major part in educating both the employees of Managing Agents and Trustees/Directors/Estate Management/Office Bearers, by facilitating a broader focus on the management of Community Schemes.

Become A Member

A repository for key relevant documentation and records of each Scheme is also provided for management continuity, as is extensive output and feedback e.g dashboard, risk guides, risk management framework, graphics, templates and relevant content for the better management and governance of Community Schemes.

Become A Member

The CommPropRisk (CPR) Tool

CommPropRisk (CPR) is a risk management tool for either Professionally Managed or Self Managed Community Schemes. The tool can be used by both Managing Agents or the Trustees/Directors/Estate Management/Office Bearers of a Community Scheme, to help them manage their activity and relationships with, and identify and manage the risks and weaknesses and the vulnerability to risk, of the Community Scheme/s under their management or fiduciary responsibility.

T

Challenges for Managing Agents of Community Schemes

  • Highly regulated industry with implications for non-compliance
  • High degree of non-compliant Schemes
  • Complex industry and technical environment
  • Boards largely dysfunctional/Turnover of Trustees and Directors/Continuity issues
  • Key issues and risks not being identified/dealt with
  • Roles and responsibilities not clear/blurred
  • Fees under pressure/uneconomic schemes under management
  • Considerable effort and time required on each Community Scheme
  • Churn of Schemes under management
  • Competence and turnover of staff
  • High reputation risk
  • Struggling to add value

The tool can also play a major part in educating both the employees of Managing Agents and Trustees/Directors/Estate Management staff/Office Bearers, by facilitating a broader focus on the management of Community Schemes.

Z

Challenges for Trustees, Directors and Estate Management of Self-Managed Community Schemes

  • High degree of non-compliance
  • Complexity of environment
  • Limited competency and skills of office bearers
  • Continuity issues
  • Turnover of Trustees/Directors
  • Institutional memory and record keeping
n

A repository for key relevant documentation of each Scheme is also provided as are comprehensive feedback, risk guides, graphics, tables, templates, articles and relevant content for the better management and governance of Community Schemes.

Contact Us
Become A Member

Office

7 Sunninghill Office Park, Peltier Dr, Sunninghill, Sandton, 2128, South Africa

Call Us

Phone: (27) 011 706 3977

Mobile: (27) 083 307 2587