BOMI FMA cheat sheet

Facility life cycle phases: planning, programming, design, construction, occupancy, operations, and disposal; each phase has distinct budget, risk, and approval gates.

Total cost of ownership equals initial capital cost plus operating costs, maintenance, utilities, and renewal over the holding period; compare alternatives on present value, not first cost.

Space planning benchmark: usable area divided by gross area yields the efficiency ratio; typical office targets fall roughly between 0.75 and 0.85.

Churn rate equals moves per year divided by occupied workstations; high churn signals space strategy or organizational instability.

Post-occupancy evaluation compares measured performance against program requirements and occupant satisfaction; results feed back into the next programming cycle.

Capital renewal funding should be tied to a condition assessment cycle; deferred maintenance compounds because backlog grows faster than the funding gap.

Lease decision rule: compare net effective rent across options by netting concessions and free rent against term, then discount to present value.

Emergency preparedness follows an all-hazards cycle: risk assessment, planning, training, drilling, and after-action review with corrective actions tracked to closure.

Payback period equals initial investment divided by annual net savings; simple payback ignores time value and favors short-horizon projects.

Return on investment equals net benefit divided by cost; internal rate of return is the discount rate at which net present value equals zero.

Life-cycle cost analysis discounts future costs using a real discount rate; escalation is applied separately to energy and labor categories.

Maintenance strategy selection: reactive suits low-criticality, low-cost assets; preventive suits predictable wear; predictive suits high-consequence assets with condition monitoring.

Reliability metrics: mean time between failures equals operating time divided by number of failures; availability equals uptime divided by total time.

Project delivery selection: design-bid-build suits well-defined scope; design-build compresses schedule; construction management at risk suits complex, fast-track work.

Regulatory compliance requires identifying applicable codes, assigning an accountable owner, documenting inspections, and tracking corrective actions to closure.

Benchmarking compares energy or cost per unit area against peer portfolios; normalize for climate, occupancy density, and hours of operation before drawing conclusions.