FM105 - Facility Financial Management

Course description


Facility managers are called upon to estimate and manage capital and operational budgets as well as support and make decisions relative to facility related financial decisions. This course provides insight into the financial planning and management roles of the facilities manager.

Topics: Co-development of budgets with the accounting function; time value of money; capital and operational budgeting; deferred maintenance and budget justification; charge-backs and allocations; benchmarking; cost reduction; life cycle analysis; and capital decision-making.