Developing an Asset Management Plan

Asset Management: Get your piece of the pie for Asset Management

As a Facilities Manager, you are the steward of the Assets you manage. This means maintaining and investing in the assets to meet your organization’s objectives, including preserving value, maintaining the right image and supporting the services delivered to the public.

Getting funding is tough since you are competing with other departments within your organization for your piece of the pie. Your lifecycle renewal efforts will go unfulfilled unless you can develop and sell your renewal projects.

This session outlines what Asset Management is really about and gives you some concrete approaches and tools you can use to get more money for your facilities.

• Understand what Asset Management really is about and how to do it
• Discover the best ways to develop requirements and establish a long-term Asset plan
• See how you can get the information you need and make the right decisions about lifecycle projects you need to do.
• Learn how to get attention for your lifecycle renewal needs
• Find out about tools and techniques to sell your projects and get funding
• See what you can do during the design/build phase to manage the asset easier after construction

Date: December 07, 2021

Time: 2:30 PM CST

Michel Theriault

Principal, FM Insight Consulting Ltd.

With over 30 years in Facility Management delivering facility services in-house and with an FM outsourcing provider, Michel has deep practical experience managing facilities from high-profile office towers to critical facilities.

He has earned awards for the buildings he managed, including several BOMA Certificate of Excellence awards and the Pinnacle Award for customer service. He is also actively involved in the industry, participation in various FM associations and currently as the Academic Coordinator for Ryerson University’s Facility Management Certificate Program in Toronto, Canada.

Michel has been recognized for his contribution to FM with a Distinguished Author award from IFMA for his book “Managing Facilities & Real Estate”. His contributions to FM include articles in leading magazines around the world, seminars at national and international FM Conferences and delivering FM training in Dubai, Abu Dhabi, Jeddah, Riyadh, Dammam, Muscat, Atyrau (Kazakhstan), Doha, Kuwait City, Singapore, Abuja (Nigeria), Athens, Kuala Lumpur, Bermuda, Jamaica, Fiji, Montreal and Toronto. He is also Academic Coordinator for Ryerson University’s Facility & Property Management Certificate Program in Toronto, Canada.

For the last 14 years, Michel has been Principal of FM Insight Consulting Ltd., an FM consulting firm helping facilities departments solve problems, improve services, and implement best practices. As an IFMA certified trainer, Michel’s experience, knowledge and approach to FM comes across in his training with practical, real-world examples and discussions that illustrate the training material and expose students to a broader, more strategic and professional perspective on Facilities Management.