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  • I have a small Q.What is the difference between Asset Mangement and Facilities Management?

    Posted by admin on February 11th, 2010 and filed under facilities | 4 Comments »

    As the titile said,I want to know more about the facilities management and asset management.And what are management system of them? Thanks!

    Asset Management is the process by which an owner maximizes the value of a property or portfolio of properties from acquisition to disposition within the objectives defined by the owner. Asset management utilizes strategic planning practices including investment analysis, operation analysis and the positioning of a property in the market place in accordance with market trends.
    where as
    Facilities Management – assisting people meet their business goals and objectives with a focus on the physical facility

    Facilities Management is the process of coordinating the physical workplace with the people and the work of an organization. The primary function of facilities management is to plan, establish and maintain a work environment that effectively supports the goals and objectives of the tenant organization.

    4 Responses

    1. Hiro Says:

      Buildings (facilities) vs. the stuff inside (assets).
      References :

    2. Dye dirt Kong Says:

      The term asset management is often used to refer to the investment management of collective investments, whilst the more generic fund management may refer to all forms of institutional investment as well as investment management for private investors. Investment managers who specialize in advisory or discretionary management on behalf of (normally wealthy) private investors may often refer to their services as wealth management or portfolio management often within the context of so-called "private banking". Facilities management is termed as the building management, particularly to those large institutions, schools, universities, and department stores. You sometimes may see the ads in career pages hiring for the "Facilities maintenance manager, supervisor,etc.".
      References :

    3. Tom P Says:

      The two occupations are not related.

      An asset manager is generally a person who manages other peoples money by allocating it into different investment vehicles. These may include real estate, stocks, bonds, cash, or even gold.

      A facility manager manages a building. You would be in charge of maintenance, house keeping, HVAC, security, and the general operations of a building.
      References :

    4. Dave! Says:

      Asset Management is the process by which an owner maximizes the value of a property or portfolio of properties from acquisition to disposition within the objectives defined by the owner. Asset management utilizes strategic planning practices including investment analysis, operation analysis and the positioning of a property in the market place in accordance with market trends.
      where as
      Facilities Management – assisting people meet their business goals and objectives with a focus on the physical facility

      Facilities Management is the process of coordinating the physical workplace with the people and the work of an organization. The primary function of facilities management is to plan, establish and maintain a work environment that effectively supports the goals and objectives of the tenant organization.

      References :
      http://www.fmforum.org/index.cgi?action=AllThreads&openthreads=12876&threadid=12876&newsgroup=2

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