Facility Management Budget

Taking into consideration annual and long-range plans, create a facility management budget using the template provided (Week 8 Tab) or creating your own Excel budget template.

Use the following best practices to ensure your facility maintenance budget is comprehensive and leaves as little room for surprises as possible (, 2022):

• Plan for Proactive Maintenance but Set Aside Budget for Emergencies.
• Analyze Spend from Past Years. …
• Consider Seasonal Maintenance Needs. …
• Don’t Forget Hidden Costs. …
• Final Thoughts.

Elements to consider when budgeting for facility management (., 2023):

• The age and location of the building.
• Special equipment needed at the facility in question.
• Any construction costs that may come up.
• An allotment for materials and inventory.
• An allotment for hiring and labor costs.
• Unexpected changes.
• And unscheduled events.

Essential Activities:

1. Reading (8 pages) will help you complete this assignment.
2. Watching (26 minutes) will help you complete this assignment

Notes:

1. Sources used to create your facility management budget must be formatted in APA Style 7th edition.
2. Please refer to the TrineOnline Facility Management Budget Assignment Rubric on the start here tab for this paper.
3. This assignment is due Saturday at 11:59 PM EST

Plagiarism is a breach of the trust to the institution. Plagiarism affects and reflects upon the University, fellow students, and your future employers. Serious consequences are taken in incidents of plagiarism.

November 12 2025, 11:30 AM