Introduction
This course provides insight into the financial planning and management roles of the facilities manager. Facility managers are called upon to estimate and manage capital and operational budgets as well as support facility-related financial decisions.
Duration
- 5 Days
Who Should Attend?
- The course will be beneficial for those people new to Facility Management or for those managers who wish to advance their career.
- Real estate professionals with formal property qualifications who want to refresh their knowledge or take courses that were unavailable when they were students
- Professionals in associated industries such as architecture, planning, construction, engineering, law, accounting and finance to gain a deeper understanding of the property discipline
Learning Objectives
The course will assist students to
- Demonstrate understanding of the concept of facility financial management
- Explain facility financial management cycle
- Demonstrate understanding and application of basic financial management skills
- Describe accounting and financial control systems and demonstrate ability of their application
- Able to create a financial performance report
- Develop an understanding of the importance of linking planning and budgeting
- Learning how to identify the required resources in preparing a budget
- How to estimate the cost of services
- Developing tools and techniques for preparing a budget.
- Learn and develop appropriated leadership skills, knowledge and attitudes in basic financial management and resource mobilization
- Demonstrate ability to analyze and interpret financial reports and statements for purposes of decision-making
Topics To Be Covered
- Financial accounting principles and practices
- Balance sheet and operating statement analysis
- Capital and operational budgeting
- Deferred maintenance and budget justification
- Charge-backs and allocations
- Facility budget factors in leasing
- Life cycle analysis
- Time value of money
- Capital decision-making
- Benchmarking
Accreditation
Upon successful completion of this training, participants will be issued with Intensive Training Institute (ITI) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at ITI Training Centre. The course fee covers the course tuition, training materials, two break refreshments and lunch.
All participants will additionally cater for their, travel expenses, visa application, insurance, and other personal expenses.
Accommodation And Airport Pickup
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer.
Email: info@intensivetraining.co.ke
Mob: +254 727324901
Tailor- Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our ITI Training Centre or at a convenient location.
For further inquiries, please contact us on Tel: +254 727324901 or mail info@intensivetraining.co.ke
Course Fees
One on One training -KES 80,000 / USD 1100
Virtual Training -Kes 70,000/USD 900
