Jesse H. Neal Award
Jesse H. Neal Award
2014, 2013, 2012,
2011, 2010, 2009
Best Publication and
Best How-to Article
BUILDINGS SUBSCRIP TION INFORMATION RATES:
United States and its possessions: $120.00 for
1 year. All foreign countries $150.00 (US funds)
(surface mail) for 1 year. Extra and back issue
copies (when available) are $10.00 each, shipping
and handling included – except on large/bulk
shipments. Tear sheets $1.75 each. All orders must
be PREPAID to: BUILDINGS magazine, 615 Fifth
St SE, Cedar Rapids IA 52401 or PO Box 1888,
Cedar Rapids IA 52406-1888. Attn: Subscription
Department. 1-800-553-8878 ext. 5020.
Copyright 2016 Stamats Communications.
For high-quality, customized reprints,
please contact Stamats Marketing Services:
1-800-553-8878 ext. 5034
The Stamats headquarters
is a LEED Certified Silver
IS A PROUD MEMBER OF: nBUILDINGS
Volume 111 Number 11 BUILDINGS (ISSN 0007-3725) is published monthly by Stamats Communications 615 5th St. SE, PO Box 1888, Cedar Rapids, IA, 52406-1888;
(319) 364-6167. Periodicals Postage Paid at Cedar Rapids, IA, and at additional mailing office. POSTMASTER: Send address changes to: Buildings, PO Box 1888,
Cedar Rapids, IA, 52406-1888. Publications mail agreement No. 41666041. Return undeliverable Canadian addresses to: PO Box 875, S TN A, Windsor, ON, N9A 6P2.
A Publication of Stamats Buildings Media
Group Publisher Tony Dellamaria
Chief Content Director Chris Olson
Senior Editor Janelle Penny
Associate Editor Justin Feit
E-Content Editor Keith Evanson
Art Director Elisa Geneser
Senior Graphic Designer Evan Bro wnfield
For subscriptions, visit:
Buildings is a registered trademark owned by
Editorial Advisory Board
Christopher K. Ahoy President/CEO,
Performance Management Consulting
Steven R. Colvin Senior Vice President of
Property Management, Boston Properties LP
Michael Delev General Property Manager, Hines
Rod Stevens Principal Consultant,
Eric A. Woodroof Founder,
Break Out from Budgeting’s
FROM the EDITOR
November contrasts the all-you-can-eat (but shouldn’t)
plenty of Thanksgiving with the scarcity of many FM
budgets for the coming year. That scarcity is no small
matter for most FMs. When asked by a survey what keeps
them up at night, a majority of BUILDINGS subscribers says inadequate
budgets and their progeny, deferred maintenance.
Aside from the stress of underfunding, the budgeting process often has the unhappy
outcome of reinforcing the idea that facility management is only an expense to be paid rather
than an opportunity for efficiency and productivity. If you and your organization approach
budgeting as an incremental process in which additions to the previous year’s expenses are
the basis for the new budget, that process inadvertently feeds the idea.
A more strategic approach begins with thorough inventory lists for the facility’s equipment.
As noted in this month’s article on efficient HVAC maintenance (page 12), such lists have a
strategic role and are not mere catalogs. The lists should include information on the redundancy
available if any piece of equipment fails and estimate the percentage of redundancy. They
should indicate whether your facility can function without the equipment. They should also
take note of equipment complexity, whether particular maintenance tasks can be performed
by in-house staff or not, and staff member analysis that includes each individual’s skills,
licenses and certifications.
With this information in hand, budgets become more strategic and spending priorities
better assessed. If auditors come, you’ll have an immediate platform for the expense discussion.
Facilities spending may still seem secondary to spending on an organization’s revenue-generation mission, but at least you will be more of a partner in C-suite strategy rather than
someone who comes, hat in hand, for money to cover expenses.
Chief Content Director