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The Facility Manager's Guide to Finance and Budgeting

by David G. Cotts

Finance tools for facility management

Regular price $35.03 USD
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AlbakiReads Editorial

Finance tools for facility management

Facility work involves more than maintenance: it also requires explaining costs, securing resources and connecting departmental plans to an organization’s priorities. This guide brings those financial responsibilities together, covering annual expense budgets, program planning, capital-project decisions, cost control and unit-cost benchmarking. It also addresses building information systems and databases that link facility data to budgets. The topics frame budgeting as part of managing and communicating facility operations, not simply tracking expenses. Published in 2007, the book is centered on the financial and planning tasks of facility management.

Good fit for readers who enjoy

  • Facility managers building or strengthening budgeting skills
  • Readers responsible for facility expenses, capital proposals or cost control
  • Those seeking guidance on connecting facility data and budgets

Themes

Facility finance and budgetingProgram planningCapital-project evaluationCost control and benchmarkingBudget-linked information systems

Based on publisher information and book metadata.

Book overview

Written by facility managers for facility managers, this book will turn your facility initiatives into strategic business components that make your department stronger and more productive.

Leaky faucets and cracked pavement aren't the only demands on a facility manager's time and energy. These days, they also need top-notch financial skills--to sell their department to senior management, to win funds for crucial projects, and to become fully integrated into the organization. Sadly, most facility managers lack even fundamental financial skills.

In The Facility Manager's Guide to Finance and Budgeting, facility management experts David G. Cotts and Ed Rondeau explain how to:

  • Understand the essential concepts of facility work programs and programmatic planning and budgeting
  • Develop and manage an annual expense budget, then evaluate the results
  • Make financially sound ""go/no go"" decisions on projects requiring capital funding
  • Pinpoint significant cost-savings and cost-containment areas
  • Use unit-cost indicators to benchmark facility management initiatives
  • Create an information system and database that ties directly into the budget

The Facility Manager's Guide to Finance and Budgeting is the first primer designed to teach them the ropes quickly, concisely, and with minimum pain.

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