The Facility Manager's Guide to Finance and Budgeting

Written by facility managers for facility managers, this book will turn your facility initiatives into strategic business components that make your department stronger and more productive.

Leaky faucets and cracked pavement aren't the only demands on a facility manager's time and energy. These days, they also need top-notch financial skills--to sell their department to senior management, to win funds for crucial projects, and to become fully integrated into the organization. Sadly, most facility managers lack even fundamental financial skills.

In The Facility Manager’s Guide to Finance and Budgeting, facility management experts David G. Cotts and Ed Rondeau explain how to:

• Understand the essential concepts of facility work programs and programmatic planning and budgeting
• Develop and manage an annual expense budget, then evaluate the results
• Make financially sound ""go/no go"" decisions on projects requiring capital funding
• Pinpoint significant cost-savings and cost-containment areas
• Use unit-cost indicators to benchmark facility management initiatives
• Create an information system and database that ties directly into the budget

The Facility Manager's Guide to Finance and Budgeting is the first primer designed to teach them the ropes quickly, concisely, and with minimum pain.

David Cotts (Alexandria, VA) worked for 22 years with the Army Corps of Engineers, and later managed the World Bank facilities. He is the author of The Facility Management Handbook. Ed Rondeau (Norcross, GA) is director of global operations and learning for the International Development Research Council.