When
Thursday, February 13, 2020 at 8:00 AM PST-to-
Friday, February 14, 2020 at 4:30 PM PST
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IFMA FMP - Finance and Business
FEBRUARY 13 - 14, 2020
COURSE DURATION: 2 days (Thursday - Friday), 8:00 AM - 4:30 PM
INSTRUCTOR: Phyllis Meng, CFM, SFP, IFM Fellow
IFMA’s most recent GJTA identifies finance and business as a competency area, describes the role of the facility manager as related to finance and business, and identified key tasks, knowledge statements and competencies that support finance and business.
According to the IFMA GJTA:
Facility managers oversee aspects of the demand organization that represent significant financial investment in technology, buildings, structures, interiors, exteriors and grounds. They are responsible for the oversight, operation and maintenance of the buildings and grounds as well as service contracts. The demand organization may choose to contract for services.
Due to the dynamic global environment, finance and business management is a complex undertaking for general management. Finance and business in FM involves:
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- The administration of the financial management of the FM organization
- Procurement
- Finances associated with contracts
A facility manager’s role in each area is shaped by the policies, practices and norms of the organizational environment.
This Finance and Business course presents essential finance and business concepts appropriate for facility managers. The information is self-contained so that an individual with limited experience in finance and business can grasp the contents.
The perspective presented combines descriptive and prescriptive information. This course is not meant to be an end-all in finance and business management for facility managers. It represents an integrated organizational function, not a stand-alone activity. Facility managers will need to engage finance, legal, procurement, risk managers and others in their organizations to make value maximizing decisions.
This course aims to provide proficiency and guidance. As you read through the course, reflect on the culture of your organization and consider how this information applies.
Registration deadline is Thursday, February 6th