2 WEEKS

FACILITIES MANAGEMENT
1
Cornell Online Course
100% ONLINE

OVERVIEW
Throughout this course, you will develop a robust tool kit of skills and resources to
deal with property management issues including labor, code, financial management,
and renovations. As you build your knowledge and skills in facilities management, you
will be able to offer valuable recommendations and ask pertinent questions that will
improve any asset’s physical functionality and enhance the business’s
financial performance.

COURSE LENGTH EFFORT FORMAT

2 weeks 3-5 hours per week 100% online

WHO SHOULD ENROLL

• Property managers • Aspiring or current professionals at
• Real estate investors, developers, and real estate investment trusts (REITs) or
financiers advisory firms
• Anyone affiliated with the creation and
use of real estate as a financial asset

Visit ecornell.cornell.edu to learn more.

2 WEEKS

2 INSIDE the COURSE

100% ONLINE

KEY TAKEAWAYS
• Maximize employee performance and
productivity by leveraging labor analysis
tools
• Minimize risk related to regulatory and
code issues within your asset
• Optimize facilities department
profitability through the analysis of
models for budgeting and ongoing
financial performance
• Customize a framework for a capital
expenditure plan

STACK TO A CERTIFICATE
• Real Estate Property Management

Visit ecornell.cornell.edu to learn more.

2 WEEKS

3 COURSE OUTLINE
100% ONLINE

MODULE 1: STRATEGIC DEVELOPMENT AND MANAGEMENT OF A

FACILITIES TEAM

• Module Introduction: Strategic Development and Management of a Facilities Team

• Watch: Optimize Your Facilities Department
• Watch: Use the Asset Hold Strategy to Direct Management Activities
• Read: The Key Factors in Determining a Hold Strategy
• Read: Developing Your Facilities Workforce
• Watch: Monitoring and Improving the Performance of Facilities Departments
• Watch: Labor Efficiency Strategies
• Tool: Performance Evaluation Template for Facilities Department Employees
• Addressing Employees with Performance Issues
• Tool: Interview Questions for Prospective Facilities Department Employees
• Course Project, Part One: Strategically Developing and Managing a Facilities Team
• Module Wrap-up: Strategic Development and Management of a Facilities Team

MODULE 2: MINIMIZE REGULATORY AND CODE RISKS

• Module Introduction: Minimize Regulatory and Code Risks

• Read: The Development of Building Codes
• Watch: Types of Building Codes and Maintaining Compliance
• Read: Primary Categories of Building Codes
• Tool: Example: Material Safety Data Sheet (MSDS)
• Watch: Train Your Workforce for Building Occupant Safety
• Activity: Virtual 360-Tours: Identify Code Violations
• Building Code Compliance
• Course Project, Part Two: Minimizing Regulatory and Code Risks
• Module Wrap-up: Minimize Regulatory and Code Risks

Visit ecornell.cornell.edu to learn more.

2 WEEKS

4 COURSE OUTLINE
100% ONLINE

MODULE 3: OPTIMIZE PROFITS THROUGH EFFECTIVE BUDGETING MODELS

• Module Introduction: Optimize Profits Through Effective Budgeting Models

• Watch: Manage Maintenance Expenses
• Read: Analyze the Financial and Operational Performance of a Facilities Department
• Tool: Benchmark Facilities Department Expenses
• Tool: Variance Analysis of Expenses
• Watch: Labor: Revenues and Expenses
• Watch: Materials: Revenues and Expenses
• Watch: Maximize Equipment Efficiency and Minimize Utility Costs
• Read: Strategies for Purchasing Energy
• Course Project, Part Three: Optimizing Profits Through Effective Budgeting Models
• Module Wrap-up: Optimize Profits Through Effective Budgeting Models

MODULE 4: THE DEVELOPMENT OF A CAPITAL EXPENDITURE PROJECT

• Module Introduction: The Development of a Capital Expenditure Project

• Watch: Capital Expenditures Versus Operating Expenses
• Read: Renovation Considerations
• Watch: Adjustments to Your Renovation Timeline
• Watch: Defining Your Renovation Strategies, Goals, and Scope
• Read: Strategies for Including Sustainability in your Renovation
• Sourcing Sustainable Products for a Renovation
• Watch: Strategic Budgeting for Capital Expenditure Projects
• Tool: Summary of Capital Expenditures Tool
• Course Project, Part Four: Developing Justification and Scope for a Capital
Expenditure Project
• Module Wrap-up: The Development of a Capital Expenditure Project
• Course Exit Survey
• Read: Thank You and Farewell
• Stay Connected

Visit ecornell.cornell.edu to learn more.