{"id":925,"date":"2022-07-28T12:00:01","date_gmt":"2022-07-28T12:00:01","guid":{"rendered":"https:\/\/omnia360fs.com\/?p=925"},"modified":"2022-07-22T02:34:58","modified_gmt":"2022-07-22T02:34:58","slug":"project-management-vs-facility-management","status":"publish","type":"post","link":"https:\/\/omnia360fs.com\/project-management-vs-facility-management\/","title":{"rendered":"Project Management vs Facility Management: Why You Need Both"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Facilities management is a broad discipline that encompasses a wide range of services, including project management, for an even wider variety of industry verticals, from manufacturing sites to corporate offices, e-commerce stores, and more.\u00a0<\/span><\/p>\n<h5><span style=\"font-weight: 400;\">Should you hire a <\/span><b>project manager<\/b><span style=\"font-weight: 400;\"> and a <\/span><b>facilities manager<\/b><span style=\"font-weight: 400;\">, or team up with an FM company that offers <\/span><b>both<\/b><span style=\"font-weight: 400;\">?<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/h5>\n<p><span style=\"font-weight: 400;\">In today\u2019s post, Omnia360fs, an integrated facility management company in Cincinnati, Ohio, explains why you should<\/span><b> integrate project management<\/b><span style=\"font-weight: 400;\"> as part of your <\/span><b>facility management service package<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">What\u2019s Facility Maintenance?<\/span><\/h2>\n<p><a href=\"https:\/\/www.ifma.org\/about\/what-is-facility-management\/\"><span style=\"font-weight: 400;\">Facility management<\/span><\/a><span style=\"font-weight: 400;\"> involves the routine, strategic maintenance, and upkeep of a building to ensure it meets various standards: regulatory compliance, safety, energy efficiency, and functionality.\u00a0<\/span><\/p>\n<h3><b>Core Benefits<\/b><span style=\"font-weight: 400;\">:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increased productivity<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improved internal processes<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improved labor efficiency\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">A better-organized plan of operations<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">What\u2019s Project Management?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">According to the <\/span><a href=\"https:\/\/www.pmi.org\/about\/learn-about-pmi\/what-is-project-management\"><span style=\"font-weight: 400;\">Project Management Institute<\/span><\/a><span style=\"font-weight: 400;\">, project management is defined as \u201c<\/span><span style=\"font-weight: 400;\">the use of specific knowledge, skills, tools, and techniques to deliver something of value to people.\u201d\u00a0<\/span><\/p>\n<h3><b>Core Benefits<\/b><span style=\"font-weight: 400;\">:<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Clearer cost analysis\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Improved energy performance<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Asset tracking and upkeep\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Space or workstation optimization\u00a0<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">What\u2019s the difference between facilities management and project management?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Although the roles can overlap a bit, they\u2019re fairly distinct. PM focuses on managing a project from beginning to end, whereas FM focuses on continuously managing and providing resources to ensure a building\u2019s upkeep.\u00a0<\/span><\/p>\n<h3><b>Key differences<\/b><span style=\"font-weight: 400;\">:\u00a0<\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PM is temporary, with a clear timeline from start to finish, but FM is ongoing and broader in its scope of activities and objectives.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PM\u2019s main objective is to finish a project on time and under budget; FM is there to support a pre-existing facility.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PMs have more responsibilities; FM has fewer.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PM has various<\/span><a href=\"https:\/\/www.projectmanager.com\/blog\/project-management-methodology\"> <span style=\"font-weight: 400;\">methodologies<\/span><\/a><span style=\"font-weight: 400;\">; FM has inspection, maintenance, and space management.\u00a0<\/span><\/li>\n<\/ul>\n<h2><span style=\"font-weight: 400;\">3 Ways Integrating PM with FM Benefits Your Business\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">When you let your facility management company manage your projects, you\u2019re hitting two birds with one stone and getting access to new insights and cost-saving potentials that just weren\u2019t possible before.\u00a0<\/span><b><\/b><\/p>\n<h4><b>1. Reallocating Your Budget.\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">It\u2019s easy to find the best ways to flex your project\u2019s dollars and maximize the effectiveness of your overall budget when a facility management team is overseeing project management duties. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Creating cost-saving initiatives is far easier when a single party understands the ins and outs of your facility\u2019s needs and your project requirements.\u00a0<\/span><b><\/b><\/p>\n<p>&nbsp;<\/p>\n<h4><b>2. Find Cost-Saving Insights.<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">By having your project manager and facility manager serve identical functions, cross-collaboration and new insights are available that would have otherwise fallen through the cracks, due to how siloed these two functions can be.\u00a0<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Where is money falling through the cracks on your project<\/span><\/i><span style=\"font-weight: 400;\">? <\/span><i><span style=\"font-weight: 400;\">Is it asset procurement, labor productivity, or some other factor that\u2019s the cause<\/span><\/i><span style=\"font-weight: 400;\">?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Getting a two-pronged, strategic business approach to FM and PM gives you the exact insights you need to identify losses and correct them immediately.\u00a0\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Besides, if you\u2019re running back and forth between your project manager and facility manager, there could be a game of telephone being had: missed information and missed opportunities. Hiring an FM company to oversee project management duties eliminates that risk.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What\u2019s more, is that the understanding, budgeting, and optimization of a project\u2019s workflow and internal processes can open the door to finding new opportunities for your facility to find cost-saving initiatives and improvements within certain areas.\u00a0<\/span><b><\/b><\/p>\n<p>&nbsp;<\/p>\n<h4><b>3. Fully Integrated Systems Analysis\u00a0<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">With FM and PM under one service provider, you\u2019ll be able to get a bird\u2019s eye view, along with a micro view, of your organization\u2019s performance and how it ties into your project goals.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Leveraging the benefits of FM and PM software allows for accurate tracking and measurement of important metrics for your project\u2019s KPIs. It can also streamline and integrate your overarching site management strategy, as it relates to your current project\u2019s development.\u00a0\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><span style=\"font-weight: 400;\">When is Project Management the Right Fit?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Is your company in transition or understaffed? Is it a short-term project (within a few months)? Are you experiencing frequent or semi-frequent bottlenecks, struggling to delegate tasks, or collaborate with various stakeholders and interest groups?\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the answer is yes, a data-driven, collaborative PM\/FM solution is perfect for you. If you\u2019re unsure, our <\/span><a href=\"https:\/\/omnia360fs.com\/\"><span style=\"font-weight: 400;\">free assessment<\/span><\/a><span style=\"font-weight: 400;\"> helps to identify whether or not project management services are necessary or if your budget is better spent elsewhere.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Omnia\u2019s Project Management Services: What\u2019s Included?\u00a0<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If your first thought is how great it would be to integrate project management services into your facility maintenance service contract, we\u2019ll give you a good idea of what responsibilities are included as part of our PM services on small to medium-sized projects.\u00a0<\/span><\/p>\n<h5><span style=\"font-weight: 400;\">\u00a0<\/span><b>Cost Management.\u00a0<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Your budget matters. That\u2019s why our PM services cover the entire gamut of cost management, from planning, budgeting, estimating, and control to cost applications like earned value analysis (EVA) \u2014 a way to measure the work performed on a project.\u00a0<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h5><b>Project Risk Management.<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Understanding risk and managing it is a major component of high-value project management services. Our project managers work to evaluate and categorize risk based on several variables specific to your project.\u00a0<\/span><\/p>\n<h4><span style=\"font-weight: 400;\"><strong>The types of risk management we account for include:<\/strong>\u00a0<\/span><\/h4>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Cost<\/b><span style=\"font-weight: 400;\">: The risk measurement of factors that could be a detriment to the budget, including cost estimation errors.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Schedule<\/b><span style=\"font-weight: 400;\">: The risk of unaccounted-for scheduling conflicts that lead to delay, including scope creep, a common cause of timeline setbacks.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Performance<\/b><span style=\"font-weight: 400;\">: The risk that certain events could impact performance or labor productivity is something that must be accurately measured and noted.\u00a0<\/span><\/li>\n<\/ul>\n<h5><b>Forecasting Project Data.<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">We leverage the latest PM technologies to create predictive models of what \u2014 if any \u2014 bottlenecks, breakdowns, or potential drawbacks could occur during the course of a project. At Omnia360, we\u2019re able to predict future performance based on streamlined data collection methods. Planning ahead means accessing more cost-saving opportunities.\u00a0<\/span><\/p>\n<h5><b>Accurate Close Out Packages.<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">At the final stages of a project\u2019s life cycle, our team is able to collect documentation deliverables and assemble them into a package that showcases the trajectory of the project. We believe in transparency, and providing insights into the data behind each decision before, during, and after a project\u2019s completion.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Contact Omnia360 for Project Management Help Today<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">If you\u2019re looking for help with your next small to medium-sized project, hiring an experienced facility management company is highly recommended. <\/span><\/p>\n<p><a href=\"https:\/\/omnia360fs.com\/contact-us\/\"><span style=\"font-weight: 400;\">Contact us<\/span><\/a><span style=\"font-weight: 400;\"> for a free assessment of your building and\/or your next organizational project.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facilities management is a broad discipline that encompasses a wide range of services, including project management, for an even wider variety of industry verticals, from manufacturing sites to corporate offices, e-commerce stores, and more.\u00a0 Should you hire a project manager and a facilities manager, or team up with an FM company that offers both?\u00a0 In [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":927,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5],"tags":[47,37],"acf":[],"_links":{"self":[{"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/posts\/925"}],"collection":[{"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/comments?post=925"}],"version-history":[{"count":5,"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/posts\/925\/revisions"}],"predecessor-version":[{"id":940,"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/posts\/925\/revisions\/940"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/media\/927"}],"wp:attachment":[{"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/media?parent=925"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/categories?post=925"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omnia360fs.com\/wp-json\/wp\/v2\/tags?post=925"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}