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Condition Assessment of assets is one of stages in assets management system that supports effective and efficient improvement and maintenance strategy. The objective of this paper is to develop a condition assessment model based on important components that build an asset. A building asset hierarchy is proposed in which four main categories that build spaces inside building is the principle element of evaluation. The Physical component in which selected as the variable of this research, based on Regulation of the Minister of Public Works of Indonesia no.24 in 2008 about building maintenance guidelines. Data are collected via questionnaires from experts to ranking and assign relative weights as model’s attribute using Confirmatory Factor Analysis (CFA) in Structural Equation Modeling (SEM) techniques. Multi attribute utility theory (MAUT) is used to calculate entire building condition based on rank and relative weight of selected components. This research model is applied to a case study dormitory of Universitas Gadjah Mada, located in Yogyakarta. Result of the research is condition of the entire building based on components that build spaces inside that building. This result of this research will assist owners and facility managers in select effective and efficient improvement and maintenance strategy for the building.

Analysis of building and its components condition assessment case study of dormitory buildings