The commercial valuation process in the UK: a preliminary process map

Shepherd, M; Havard, T

Abstract

The recent scrutiny of the valuation profession in the UK evidenced by the Carsberg report
and the Nottingham Trent / Reading study suggests that the process that produces a
commercial valuation is flawed and requires deeper scrutiny. The research reported here
produces a process map of the commercial valuation process in the UK. A process map is a
managerial tool used as an aid towards improving and redesigning business processes and
thus seems to be a valuable tool in the analysis of the process. The process map produced is
presented and discussed.

Citation

Shepherd, M., & Havard, T. (2004, January). The commercial valuation process in the UK: a preliminary process map. Presented at Pacific Rim Real Estate Society Conference 2004, Bangkok, Thailand

• Presentation Conference Type: Other
• Conference Name: Pacific Rim Real Estate Society Conference 2004
• Conference Location: Bangkok, Thailand
• Start Date: Jan 1, 2004
• Publication Date: Jan 1, 2004
• Deposit Date: Dec 17, 2008
• Keywords: Commercial valuation, practice, behaviour, process map
• Publisher URL: http://www.prres.net/Papers/Havard_Commercial_Valuation_Process_Uk_Preliminary_Process_Map.pdf
• Additional Information: Event Type : Conference