Facility Managers are called upon to develop and manage budgets as well as make financial decisions. This workshop will provide insight into the financial planning and management responsibilities of the facilities manager.

Learning Objectives 

•  Expand the facility manager’s financial skills to be able to lower cost/maximize profit.

•  Discuss the development and justification of capital and operational budgets.

•  Explore budgeting topics including: maintenance or deferred maintenance, operating expense charge backs and rent allocations, benchmarking, cost reduction, life cycle analysis, variance analysis, RFPs, ROIs, and leases.

•  Learn the financial rationale behind in-house vs. out-sourced operations and internal and external audits.

Instructor:
Eric Connery, Facilities Administrator, Connecticut General Assembly
Eric Connery has been the Facility Administrator for Connecticut General Assembly for the past twenty years. With over forty years of involvement in almost every phase of a building’s evolution, from design, construction, operation and management in both the private and public sectors, the last thirty years as a facility manager of financial, educational and government facilities.