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Facilities Management Notes: Facilit - Ies
Facilities Management Notes: Facilit - Ies
FIRST MEETING
02/05/2021
1. Fixed Asset
2. Resources
3. Management
1. Fixed Asset
Facilities Management are primarily are the physical factors of business, the physicality. The
tangible assets.
The things you can hold which gives value to your organization. When you talk of value, it gives
us income.
Ex. Cellphone, it gives us learning.
2. Resources
It is also about human resource, and that includes the facilities.
You have to appreciate or accept the fact that facilities are part of what you call resource.
o These resources are subject to depreciation.
3. Management
You take care of your facilities, for them not to easily depreciate.
Once the facilities reach the “tander” (old) stage, it will decline.
o The older it gets, the more maintenance it requires.
o More Maintenance = More Expenses
o You have to take care of it, before it reaches to that point. That is the principle of
depreciation.
Physical Assets are only goods as people handling that.
o You CANNOT disregard people.
o The management of your physical resources will entirely depend on how good your
people are.
The usage of every materials depends on the one who is using it.
o The skills and experience in handling it.
Facilit – ies
Man|age|ment