What costs can I save through effective Facilities Management?

It depends on what type of facilities and what possible utilization of these facilities that will generate ADDITIONAL income.

Costs can be reduced

Time  and Money

You can reduce the financial cost of

the tools

Materials

Labor

Maintenance 

I agree with the answers, Dr. Mohammed Abuzaid

I think that it is important to acknowledge that there is cost to everything. That being said, once this is acknowledged then it is quite understandable to think in terms of the cost of FM. However the very core of FM is maintenance of a productive asset that if prolonged will serve its useful purpose, and perhaps well beyond. I therefore think that the rationale for FM should be the value that will be added. The longer an asset is kept will maintained, the longer it will last,many the longer it lasts, the more value it will add. A simple ROI will justify this. Effective FM requires forward planning so that an asset is maintained on time, in a proactive methodology to avoid unnecessary downtime. Downtime caused by  ineffective maintainence increases the cost of operations, impacting negatively on the profit margins. In today's environment of technology and project management, value can easily be added.

Thanks

I support your answer Mr. Wail

You can save costs through:  Professional procurement  Service delivery performance measurement  Competent and experienced personal  Training and development  Performance led design input  Awareness of sustainable products and materials  Whole life forecasting techniques  Energy efficient design  Technologies that will manage, operate and maintain  Asset selection, procurement and deployment