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Core Competencies for Federal Facilities Asset Management Through 2020 Transformational Strategies (2008) / Chapter Skim
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5 Core Competencies for Federal Facilities Asset Management: Findings and Recommendations
Pages 72-80

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From page 72...
... FINDINGS Finding 1: Previous NRC reports on the management of federal facilities recommended that federal organizations approach facilities asset man agement with the mindset of an owner; align their facilities portfolios to their organization's missions through strategic decision making; take a life-cycle management approach; and measure performance to continu ously improve facilities management. The report Stewardship of Federal Facilities: A Proactive Strategy for Managing the Nation's Public Assets (NRC, 1998, p.
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From page 73...
... recommends that federal organizations integrate facilities considerations into their strategic planning to provide decision makers with better information about the total long-term costs and consequences of a particular course of action. It also recommended that the senior facilities asset manager participate in the organization's strategic planning at the executive level so that he or she can translate between its missions and its facilities portfolio and clearly communicate how real estate and facilities can support the missions.
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From page 74...
... Information technology is changing not only the methods by which the physical infrastructure is managed but also the infrastructure itself. Changes in government paradigms, the growing national fiscal imbalance, and changes in the workforce all have tangible implications for federal facilities asset management.
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From page 75...
... The current descriptions focus on overseeing the operation, maintenance, and use of facilities and equipment and do not take into account the broader, higher-level qualifications required for facilities asset managers. Finding 5: Of all the stakeholders involved in funding, programming, designing, constructing, operating, and maintaining federal facilities, facilities asset management divisions are the only ones involved in all phases.
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From page 76...
... As facilities asset management in the private sector evolves as well, many new ideas and principles have emerged from that sector that can help federal facilities asset managers understand where improvements can be made. Federal organizations can encourage individuals to be involved in professional organizations and to seek professional certification, and they can establish processes for the transfer of knowledge from outside sources into federal facilities asset management divisions.
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From page 77...
... " and "Can we get there from here? " REQUIRED CORE COMPETENCIES Based on its literature review, briefings, interviews, current geopolitical and socioeconomic trends, and the experience and knowledge of its members, the committee concluded that three essential areas of expertise are required by federal facilities asset management divisions through 2020 and beyond: • Integrating people, processes, places, and technologies by using a life cycle approach to facilities asset management; • Aligning the facilities portfolio with the organization's missions and avail able resources; • Innovating across traditional functional lines and processes to address changing requirements and opportunities.
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From page 78...
... The committee's recommendations for developing and sustaining core competencies follow. RECOMMENDATIONS Recommendation 1: To effectively manage federal facilities portfolios through 2020 and beyond, federal organizations and their facilities asset management divisions should operate within the overall framework depicted in Figure 5.1.
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From page 79...
... fig S-3 Recommendation 6: Federal facilities asset managers should seek to expand the knowledge base related to facilities asset management and use the results to improve decision making and achieve the desired out comes. Knowledge can be transferred through involvement in profes sional societies, certification programs, and research using in-house or outside expertise.
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From page 80...
... 2004. Investments in Federal Facilities: Asset Management Strategies for the 21st Century.
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Key Terms

  • asset management
  • federal facilities
  • core competencies
  • management divisions
  • federal organizations

  • facilities management
  • asset managers
  • skills base
  • management division
  • required core

  • enterprise knowledge
  • facilities portfolio
  • management functions
  • management strategies
  • outsourcing management

  • technical capabilities
  • current geopolitical
  • comprehensive workforce
  • socioeconomic trends
  • professional certification

  • proactive strategy
  • management processes
  • approach facilities
  • integrate facilities
  • maintaining federal

  • facilities portfolios
  • senior facilities
  • manage federal
  • facilities investment
  • management arena


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