About This Course
Budgeting in Facilities Management isn’t just about tracking costs—it’s about enabling safe, reliable, and efficient operations across cleaning, maintenance, staff, safety, and technology. With rising costs and complex building systems, FM professionals must prepare proactive, flexible budgets that support day-to-day operations while anticipating emergencies and long-term capital needs. This course introduces key frameworks and real-world examples for financial forecasting in modern facility environments.
You'll learn how to develop comprehensive FM budgets by analysing past spend data, forecasting maintenance costs, and allocating resources for workforce, travel, safety, and business continuity. You’ll explore cost control strategies through automation, energy management, and IoT applications, and learn how capital and operating expenses contribute to a well-balanced FM plan. Whether you manage a single building or a national portfolio, this course will strengthen your confidence in leading FM financial planning with precision.
By the end of this course, you will:
- Learn how to build facility budgets with CAPEX and OPEX alignment.
- Forecast staff, maintenance, and safety expenditures with accuracy.
- Analyse past financial data to avoid overspend and shortfalls.
- Understand how seasonal maintenance and emergency funds are planned.
- Apply cost control strategies through automation and maintenance planning.
- Integrate IoT and energy efficiency initiatives for long-term savings.
Topics Covered:
- Comprehensive Facility Management Budget
- Preparing a Budget for Facility Management Operations
- Cost Control in Facilities Management
Course Duration: Approximately 20 minutes
Access to Course: 7 days from date of purchase
