fm budget
TRANSCRIPT
FM Budget.
• A quick CFO buy in.
• Re enforces the credibility of the FMP.
• A balanced score card for the FM team.
• Conversion of cost to a value account.
• Successful execution of org FM strategy.
Accurate budget estimate!
Here is what we have:
Where to get started?
Re visit your baseline.
• Renewed Organizational Objectives
• Changed policies and focus.
• Variance analysis.
• Changes in Assets.
• Resource utilization analysis.
• Real estate attributes.
• Identified Cost centers.
• Identified Value centers.
• Routines' the routine able.
• Value addition plan.
Scope of FM budget.
• Rentals.
• New projects CAPEX.
• Energy and utilities.
• Safety & Security.
• MRO and renovations.
• Running Miscellaneous.
• Travel & Hospitality
• Communications.
• Training costs.
• Team costs.
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Rentals.
• Lease in a correction market.
• Not on actual is negotiable
• Cold /warm shells costs.
• Fit out costs.
• Statutory and property charges .
• Rental escalations.
• Service apartments.
• Company allocated accommodation.
• Restructured workspace.
• Value added services on new deals.
New projects CAPEX.
• Land and development .
• Design Architect.
• Structural engineer costs.
• Electrical & HVAC consultants.
• Glazing contractors.
• Civil work contract.
• Landscaping contract.
• GB & REIA consultant.
• Security , Network & PMC.
• Capital goods.
Energy and utilities.
• Additional created/re structured space.
• New data centre loads.
• Revised Electrical loads.
• Energy audit scope
• MD & PF optimization.
• Depleting water table .
• Additional water requirements.
• Renewable local grid.
• Target low budget for a favorable TBL.
Safety & Security.
• Residual risk mitigation costs.
• HW & SW Upgrade .
• Electronic security equipment.
• Manpower deployments.
• Consultant costs.
• DR costs.
• Equipment replacement costs .
• Phasing out of ODP safety agents.
• Audit OFI implementation costs.
• Local security grid outflow.
MRO & Renovations.
• Saving mode here cannot be sustained .
• Plumbing , mechanical & Carpentry.
• CCTV , Scanners, Chillers and pipes.
• Software and hardware upgrade.
• EOL SS system and OEM upgrades.
• Switches and Communications.
• Varnishing, polishing and painting.
• ODP refrigerant phase out cost.
• Electrical equipment
• RO and STP.
Facility running misc.
• AMC’s.
• cartridges and Stationary.
• Staff welfare costs.
• Petty cash.
• Freight and Labor costs.
• Unanticipated costs.
• Consumable media costs.
• Employee Subsidy expenditure.
• Additional equipment Hire costs.
• Sundry expenditures.
Travel & Hospitality .
• Local transport budget .
• Domestic travel.
• International travel.
• Executive travel budget.
• Owned & provided transport.
• Service apartment & budget hotels .
• Executive apartments & luxury hotels.
• Concierge, lobby and entertainment .
• Food beverage and pantry services .
• Recreational transport arrangements.
Communications .
• Fixed line telecom costs .
• Telecom equipment upgrade.
• Wireless telecom costs.
• Wire line Wireless integration costs.
• Virtual workspace facilitation cost.
• Tele collaboration costs.
• Network upgrades.
• Data communication costs.
• Securing communication costs.
• Mobile services costs.
Team and Training.
• Salary hikes and bonuses.
• Revised minimum wages.
• Team size renewal differential
• In sourced outsourced ratio variance.
• Retire and hire differential.
• Plant and upgrade training .
• New standard and regulation training.
• Revised business focuses training.
• New SS equipment training.
• Client Satisfaction Survey focus.
Conclusion.
Stay in the race.
Look back budget
Win the race Innovative budget
Stay ahead of the race Value creation Budget
• Risk Mitigation
• Residual Risk.
• Scalable Solution.
• FM Strategy
PEST SWOT
PPBEENPV IRR
PROFIT
PEOPLE PLANET
Take your Pick
