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Finance & Business

Facility managers manage/oversee aspects of the entire organization that represent both significant financial investment in technology, buildings, structures, interiors, exteriors and grounds and considerable operational expense.

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Budgeting for the FM Department

Many FMs are not comfortable to develop, present and discuss annual, operational, and capital budgets with their management and clients. The presentation […]

The Art of Capital Planning

Understanding a capital budget and how to prioritize building and land improvements is critical to the success of anyone managing real estate […]

Scope Your Way to Better Budgets

For facility managers, budget creation is a high stakes task. There is never enough data on hand. The work itself is time-consuming […]

FMs Can Impact the Procurement Landscape by Modifying the Technical Requirements

A major problem for facility managers is to get the procurement department to procure expert vendors. Hiring an expert is often neglected […]

Tips to evaluating an elevator repair proposal

Use these tips to ensure you are getting a fair and honest price and scope for your elevator service repair proposals.

Office Support Services: Scope of Work

This Scope of Work template provides the basis of an agreement describing the necessary work to be performed by contract office support […]

General Fire Inspection Protection: Scope of Work

This Scope of Work template provides the basis of an agreement describing the necessary work to be performed in the area of […]

Secondary Electrical Maintenance Service: Scope of Work

This Scope of Work template provides the basis of an agreement describing the necessary work to be performed in the area of […]

Facilities Service Provider RFP: Scope of Work

This Scope of Work template provides the basic requirements for a request for proposal describing the necessary work to be performed by […]

Developing the Business Case for Preventative Maintenance: Understand the true ROI of Run to Fail

The Facility Condition Index (FCI) helps FMs understand the overall condition of their assets relative to property value. While FCI has been […]