The IFMA Facility Finance and Business Management training is a core course designed to provide facility managers with the financial and business skills needed to support strategic decision-making and demonstrate the value of facility management to their organization. 

The goal of this training is to enable FM professionals to align their operations with business goals, making them valuable strategic partners within their organizations.

Upon completion of the course, participants will be able to manage daily financial aspects, understand cost concepts, develop business cases with financial data, and execute procurement and chargeback procedures. They will also learn to manage contracts within the facility organization. 

• Finance and Business in the Facility Organization.

• Financial Management of the Facility Organization.

• Fundamental Cost Concepts, Containment Strategies, and Chargeback in the Facility Organization .

• Business Cases, Supporting Documentation, and Financial Reports.

• Procurement in the Facility Organization.

• Contracts in the Facility Organization

• Explain the foundational principles of managing finance and business in the facility organization.

• Manage the daily financial aspects of the facility organization by understanding key budgeting elements.

• Identify fundamental cost concepts, cost containment opportunities and the use of chargebacks in facility management.

• Develop business cases that are supported by relevant documentation and financial data.

• Execute procurement and charge back procedures for the facility Organization.

• Manage and oversee contracts within the FM organization.