FMP study materials
FMP study resources

FMP study plan

FMP · Give each week a clear focus.

8 weeks · About 7 hours per week

Week 1

Operations and Maintenance

  • Map the Operations and Maintenance domain into its component sub-areas and rate your current confidence on each on a 1-5 scale

  • Define the core facility management role and list the primary O&M responsibilities it carries across building systems

  • Build a personal glossary of at least 25 O&M terms and define each in one sentence from memory

  • Diagnose how preventive versus corrective versus predictive maintenance differ and give one facility example of each

Your checkpoint

A one-page O&M domain map with sub-areas, confidence ratings, and a 25-term glossary

Week 2

Operations and Maintenance

  • Sequence the typical life cycle stages of a building or system and identify the O&M decisions made at each stage

  • Compare reactive, planned, and condition-based maintenance strategies and justify when each is appropriate

  • Explain how a computerized maintenance management system supports work order tracking, scheduling, and reporting

  • Calculate simple maintenance performance indicators such as mean time to repair and percentage of planned work

Your checkpoint

A worked problem set of 10 maintenance-metric calculations with written interpretation of each result

Week 3

Operations and Maintenance & Project Management

  • Describe how building systems such as HVAC, electrical, plumbing, and fire protection are monitored and maintained

  • Outline the health, safety, and environmental obligations that shape O&M work practices

  • Distinguish project scope, schedule, and cost baselines and state why each must be controlled

  • Draft a work breakdown structure for a small facility project down to at least three levels

Your checkpoint

A three-level work breakdown structure for a realistic facility project with a short O&M compliance note

Week 4

Project Management

  • Construct a simple network diagram from a task list and identify the critical path

  • Compute earliest and latest start and finish times and total float for each activity

  • Explain how scope changes are documented, approved, and reflected in schedule and budget

  • Identify common project risks in facility work and propose a mitigation for each

Your checkpoint

A completed critical path analysis for a 12-activity project showing float values and the identified critical path

Week 5

Project Management & Finance and Business

  • Compare project delivery methods and procurement routes and state one advantage and one drawback of each

  • Describe how project quality is planned, assured, and controlled through closeout

  • Distinguish operating budgets from capital budgets and classify sample expenditures into each

  • Build a simple cash flow projection across the life of a project

Your checkpoint

A project delivery recommendation memo with a supporting capital versus operating classification table

Week 6

Finance and Business

  • Read and interpret the main financial statements and explain what each reveals about an organization

  • Compute and interpret common ratios covering liquidity, profitability, and leverage

  • Explain life cycle costing and compare it with lowest-initial-cost decision making

  • Evaluate a lease-versus-buy or repair-versus-replace decision using discounted cash flow logic

Your checkpoint

A ratio analysis and life cycle costing comparison for a repair-versus-replace scenario with a written recommendation

Week 7

Finance and Business & Leadership and Strategy

  • Build a facility operating budget from given assumptions and justify each major line

  • Explain how capital planning and reserve funding support long-term asset stewardship

  • Compare leadership styles and match each to a facility management situation

  • Draft a stakeholder communication plan for a disruptive building project

Your checkpoint

A complete operating budget with assumptions and a one-page stakeholder communication plan

Week 8

Leadership and Strategy

  • Explain how organizational strategy cascades into facility strategy and align one facility goal to a business objective

  • Describe how to develop, motivate, and evaluate a facility team including performance feedback

  • Outline a change management approach for introducing a new process or system

  • Integrate all four domains by solving timed mixed-topic practice questions and reviewing every miss

Your checkpoint

A timed 60-question mixed-domain practice set with a written error log of weak areas and a final review plan

Milestones

Week 2: Score at least 75 percent on a self-made 20-question O&M quiz and explain every missed item in writing

Week 4: Complete the critical path analysis correctly, including all float values, without referring to notes

Week 6: Produce correct ratio calculations and a defensible life cycle costing recommendation with stated assumptions

Week 8: Score at least 70 percent on the mixed-domain practice set and show an error log covering all four domains