Facilities Management And Corporate Real Estate Management As Value Drivers

Facilities Management (FM) and Corporate Real Estate Management (CREM) are two closely related and relatively new management disciplines with developing international professions and increasing academic attention. Both disciplines have from the outset a strong focus on controlling and reducing cost for real estate, facilities and related services. In recent years there has been a change towards putting more focus on how FM/CREM can add value to the organisation. This book is driven by the need to develop a widely accepted and easily applicable conceptual framework of adding value by FM and CREM. It presents the state of the art of theoretical knowledge and empirical evidence about the impact of buildings and facilities on 12 value parameters and how to manage and measure these values. The findings are connected to a new Value Adding Management model. The book is research based with a focus on guidance to practice. It offers a transdisciplinary approach, integrating academic knowledge from a variety of different fields with practical experience. It also includes 12 interviews with practitioners, shedding light as to how they manage adding value in practice. This is a much needed resource for practitioners, researchers and teachers from the field of FM and CREM, as well as students at both undergraduate and postgraduate level.

The second edition of Corporate Real Estate Asset Management is fully up to date with the latest thought and practice on successful and efficient use of corporate office space. Written from an occupier’s perspective, the book presents a ten-point CREAM model that offers advice on issues such as sustainability, workplace productivity, real estate performance measurement, change management and customer focus. In addition, new case studies provide real-life examples of how corporations in the UK, USA, Hong Kong and Abu Dhabi actively manage their corporate real estate. The book is aimed at advanced undergraduate and graduate students on corporate real estate, facilities management and real estate courses and international MBA programmes.

The importance of facilities management to the effective operation of all businesses is now widely accepted. Where there continues to be debate is on what constitutes a successful approach, and how much attention it should be given within an overall business plan. Drawing on both research and current practice, this book provides a systematic, innovative, and business-focused approach to the management of facilities assets. The reader will discover why and how to use facility assets to achieve business goals and strategies by aligning them as a resource. Striking a balance between management and technical aspects, the book covers: the basics of facilities asset management and the key elements of a systematic management approach the key supporting capabilities for facilities management as a business function a framework for considering strategic alignment of facilities assets and associated services with business needs the role of life-cycle asset management and its contribution to business resource management. The message of this book and the benefits it can bring to businesses everywhere make it essential reading for executives as well as facilities managers. Its detailed explanations of all of the key concepts involved, and lists of recommended further reading also make it an excellent resource for those new to the industry, and for students of property or facilities management.

Facilities Management (FM) and Corporate Real Estate Management (CREM) are two closely related and relatively new management disciplines with developing international professions and increasing academic attention. Both disciplines have from the outset a strong focus on controlling and reducing cost for real estate, facilities and related services. In recent years there has been a change towards putting more focus on how FM/CREM can add value to the organisation. This book is driven by the need to develop a widely accepted and easily applicable conceptual framework of adding value by FM and CREM. It presents the state of the art of theoretical knowledge and empirical evidence about the impact of buildings and facilities on 12 value parameters and how to manage and measure these values. The findings are connected to a new Value Adding Management model. The book is research based with a focus on guidance to practice. It offers a transdisciplinary approach, integrating academic knowledge from a variety of different fields with practical experience. It also includes 12 interviews with practitioners, shedding light as to how they manage adding value in practice. This is a much needed resource for practitioners, researchers and teachers from the field of FM and CREM, as well as students at both undergraduate and postgraduate level.

Facility Management is the ultimate reference for facility and design professionals who want to create a productive workplace that corresponds to the short- and long-term goals of their corporation. This indispensable handbook takes an executive management perspective and provides comprehensive, detailed information on all the specific tasks critical for making effective and ultimately profitable decisions. Following the nine core responsibilities identified by the International Facility Management Association, the authors guide the reader through critical planning and decision-making steps in strategic planning, financial forecasting, real estate acquisition and disposition, architectural and engineering design, interior programming and space planning, project management, renovation projects, maintenance, operations, and administrative services. Interwoven among the fundamentals are approaches to today's most challenging issues: changing technology, indoor environments, energy conservation, ergonomics, health and safety, inventory, and security. To illustrate and clarify often complex issues, the authors include a number of real-world examples and provide policies, procedures, forms, and exhibits that can be easily applied to specific businesses and operations. Supplementing their practical approach are important ethical discussions, career planning suggestions, and a revealing look at the future of the profession. Facility Management addresses the needs of experienced facility professionals, students, and professionals in other areas trying to start a new career. It provides comprehensive, insightful, and thorough preparation for the challenges and opportunities awaiting facility professionals in the twenty-first century. "This is an excellent publication that should be part of every facility manager's library. It is a well-organized encyclopedia, full of useful tips, advice and suggestions for the seasoned manager and the facility newcomer." — Arthur P. Hahn Vice President Operations Facilities West A comprehensive approach to the practicalities of facility management. Facility Management is a unique how-to book that provides comprehensive coverage of all the facets of this evolving profession. This practical hands-on book provides the facility professional with the solid decision-making strategies necessary to produce a cost-effective, quality-oriented, environmentally safe, and aesthetically pleasing workplace that will serve an organization's present and future needs. Examples, policies, procedures, forms, and exhibits are provided throughout and can be easily adapted for specific corporate needs. Written by three active and highly respected experts in facility management with extensive backgrounds in corporate real estate, architecture, and business administration, the book covers: Long-range planning in facility management, including financial forecasting, real estate management, and acquisition and disposal of assets Space planning and design alternatives which focus on people and their interaction with new technologies and the environment Successfully managing construction and renovation projects, from architectural and engineering considerations to managing capital and "churn" projects Current professional trends and resources for career development, with an overview of this evolving profession in the larger business environment

This book provides comprehensive coverage of issues that facility managers in the property industry need to understand and apply in the pursuit of value for money over the life span of built facilities. The authors introduce the fast-growing discipline of facility management, examine the core competencies that facility managers should possess and study different contemporary drivers of change. The book emphasises the need to consider facilities management issues at the pre-design stage of the construction process, rather than only when the building is completed, in order to maximise value for money.

This text provides an overview of the interdisciplinary nature of facilities management. It discusses the framework within which facilites managers should operate and the key requirements of their task.