What is construction measures in SAP RE - Real Estate Management?

SAP Term: construction measures

• Component: RE

• Component Name: Real Estate Management

• Description: A master record containing important data for adjusting condition types according to the costs of modernizations.

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• Key Concepts: 
  Construction measures are activities that are carried out in the SAP Real Estate Management (RE-FX) component to maintain and improve the value of a property. These activities can include repairs, renovations, and other modifications to the property. 
  
  How to use it: 
  In SAP RE-FX, construction measures can be planned and tracked in the Construction Measures app. This app allows users to create a plan for the construction measure, assign it to a responsible party, and track its progress. The app also provides an overview of all construction measures that have been completed or are in progress. 
  
  Tips & Tricks: 
  When creating a plan for a construction measure, it is important to consider the budget and timeline for the project. Additionally, it is important to ensure that all stakeholders are aware of the plan and their roles in its execution. 
  
  Related Information: 
  Construction measures are closely related to maintenance activities, which are also tracked in SAP RE-FX. Maintenance activities are typically smaller tasks that are carried out on a regular basis to keep a property in good condition.