An organization's bottom line can be driven by a strategic facility management program, which sparks effective asset allocation plans and increases productivity. Maintenance and building reinvestment plans promote success by optimizing resources, thereby advancing an organization to the head of its competition. The ability to address facilities management issues in a proactive and timely manner is a key element in an organization's long-term profitability. By integrating the Web into a facility management program, facility managers bridge the worlds of building maintenance and corporate planning. Using advanced Internet-based technologies enables managers and financial officers to forecast and budget accurately for maintenance and construction projects. High-level executives, CEOs, CFOs, key funding sources and facility managers all require planning and decision-making capabilities for accurate facilities resource allocation. Understanding these needs, this session will discuss the current problems facing the facility management industry as well as proven solutions, from conducting comprehensive facilities condition assessment and prioritizing associated deficiencies, to establishing funding levels, capital project planning and risk assessment. The presentation will also explore actual case studies such as Raytheon Technical Services Company, the U.S. General Services Administration, and the University of North Carolina to demonstrate how the power to address and plan for facilities management issues is a critical element in the long-term success of an organization.
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