Webinar: Total Cost of Ownership
In: Blog How to talk to the CFO Portfolio Management
Often times, it can feel like the corporate/institutional leadership and facilities management teams within an organization are vastly disconnected. This 1-hour webinar was designed to help both teams learn how to bridge the communication gap by using the concept of total cost of ownership as a common denominator.
Beginning with an explanation of the differences between strategic planning and facilities operations planning, the program session progresses to hybrid approach to planning which is referred to as “Preventative Maintenance Master Planning.” Building life-cycle assessment/analysis methodology is explored to determine “Total Cost of Ownership” demonstrating that extending building assets life-cycle to ultimately reduce the Total Cost of Ownership can be a programmatic approach to comprehensive asset management, which serves as the denominator for the bridging of the management disconnect.