The Finance and Business Awareness Course for Facilities Staff It offers you a unique opportunity to enter a sector that is booming. The growing demand for experts in cost management and strategic planning has made facilities professionals key players in organisational success. This course will equip you to master cost control and financial planning strategies, essential skills for to optimise resources and maximise the profitability of operations. You will also explore emerging trends in the facilities sector, preparing you to manage investments with an innovative approach. With our online training, you’ll have the flexibility to learn at your own pace, gaining skills that will set you apart in the job market and open up new opportunities for professional development.
Finance and business acumen for facilities
Facility Management
40 hours
Introduction
Objectives
- To understand strategies for effectively optimising and controlling costs in facilities management.
- Identify and apply cost planning methods in facilities projects.
- To analyse current trends in facilities management and new areas of application.
- To establish criteria for the effective management of investments in the facilities sector.
- Assess the financial impact of decisions relating to facilities management.
- Develop skills in carrying out cost-benefit analyses for projects.
- Apply financial control techniques to the comprehensive management of facilities.
Table of Contents
TEACHING UNIT 1. COST CONTROL STRATEGIES
Identification and monitoring of building costs
Methodologies for optimising facilities costs
Case study: learn how to identify trends (I)
Case study: learn how to identify trends (II)
Depreciation strategy and other considerations in cost control
TEACHING UNIT 2. COST PLANNING
Types of budget structures (Budget Plans)
Financial Concepts (I)
Financial Concepts (II)
Financial concepts and cost reporting
Examples of cost centre analysis and classification
TEACHING UNIT 3. TRENDS IN FACILITIES AND NEW AREAS OF APPLICATION
Trends in Facilities Management and New Areas of Application (I)
Trends in Facilities Management and New Areas of Application (II)
Facility Management in the hotel sector
Facility Management and the retail sector
Facility Management in production environments
TEACHING UNIT 4. INVESTMENT MANAGEMENT
Investment analysis
Life-cycle analysis of assets
Planning a multi-year investment plan
Asset condition classification systems
Property portfolio management
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