Session 06: Financial Analysis for Facilities Professionals
Date & Time
Wednesday, April 17, 2024, 11:00 AM - 12:00 PM

This session will address how senior management perceives facilities management and explain the continuous budget reduction attempts. Attendees will gain insights into what's crucial for CEOs, learning to translate facilities data into quantifiable information and to effectively communicate it in a way that CEOs can grasp. The session covers topics such as redefining facilities as profit centers, creating facilities ratios, benchmarking, and conducting financial analyses using metrics like payback, Return on Investment (ROI), and life cycle costing. Additionally, it will provide guidance on constructing a business case to effectively pitch projects to management.