A Total Life Cycle Approach Enabling Efficient, Effective, and Economic Built Space Functionality

In this session, you will learn the value to leadership in the FM’s ability to apply consistent decision-making criteria to align their facility asset portfolio to achieve organizational goals and objectives.



Enrollment Duration

180 Days

Course Type


Course Family

Video Courses

Learning outcomes
  • Recognize the benefits from developing and implementing a comprehensive facility asset management program
  • Identify the innovative tools, techniques and approaches that can be used to improve the efficient, effective, and economic use and value of facilities comprising an organization real property asset portfolio
  • Summarize the lessons-learned and best practices from FM organizations with large real property asset holdings
  • Additional information

    Enrollment duration: 180 Days

    Languages: English

    Non-Member Price: $30.00

    Member price: $25.00

    Course Type: E-Learning

    CEU Credits: 0.10

    CFM points: 1

    Upcoming Dates
    Course information

    Course Overview:

    Facilities Asset Management, as defined by the US National Academy of Science, is “a systematic process for maintaining, upgrading, and operating physical assets cost effectively.” There are slightly different definitions used by public and private sector organizations employing these practices across the global community. Facility managers, who acquire the ability to minimize the total life-cycle costs of the built environmental assets, while maximize their availability, use, and value to the organization, can enhance their capability to support the organization’s mission, by leverage these assets to providing a desired level of service in a more effective, and efficient manner.


    Thomas L. Mitchell, Jr.,

    PhD student, CFM, IFMA Fellow