Successful Budget Planning: Improve Financial Management by Connecting Facilities, Capital Projects, and Operations

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Date & Time: Thursday, May 15th at 2 p.m. ET

In higher education, effective budgeting is essential for sustaining academic excellence, supporting strategic growth, and ensuring long-term financial stability. However, aging infrastructure, staffing shortages, and significant funding deficits complicate leadership’s ability to properly budget in the long term, which can lead to unwanted financial surprises.

In this 30-minute Ed Talk, learn how to transform these specific challenges into opportunities for improved operational efficiency, enhanced student experiences, and sustainable financial planning by bridging the critical gaps between facilities management, capital projects, and daily maintenance operations.

Key Takeaways:

  • Prevent Budget Surprises: Discover how to provide financial visibility to enable accurate forecasting of maintenance and replacement costs while reducing emergency expenditures
  • Bridge Critical Operational Gaps: Learn strategies to connect capital projects, maintenance operations, and financial planning to break down institutional silos and create a unified approach to facility management
  • Build the Foundation for Success: Master the three pillars of asset management—software, data, and organizational readiness—and discover why asset inventory is the essential gateway to data-driven facilities management
  • Transform Data into Strategic Plans: Develop compelling capital investment plans using proven methodologies for asset assessment, risk prioritization, and long-term forecasting that secure funding in competitive budget environments

Learn why 70% of CMMS implementations fail despite good intentions, and how to ensure your organization is positioned for success.

Speakers

Jonathan Thomas, PE, CEM, CRL, President, Building Maintenance Optimization Consultants (BMOC)

Katie Gramajo, CEFP, Senior Industry Marketing Manager for Education, Brightly Software

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