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Operations F

Facility Management

Also known as: FM, Facilities Management

Facility management coordinates buildings, people, and operating processes to support the activities a facility serves.

Facility management coordinates people, places, and processes so buildings and their surrounding infrastructure support the activities they are intended to serve. It includes the operation and maintenance of the built environment and consideration of the people who use it.

The work can include building maintenance, cleaning, security, space planning, sustainability, budgeting, and continuity planning. Its scope extends beyond repairing a single piece of equipment.

Source: IFMA: What Is Facility Management?.

Frequently Asked Questions

Is facility management limited to maintenance repairs?

No. It can also include space planning, building services, budgeting, sustainability, and business continuity.

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Related Terms

  • Asset Management
  • Work Order
  • Preventative Maintenance

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Critical Dates Tracker

An automated portfolio calendar monitoring renewal windows, statutory rent increase timelines, and compliance deadlines to prevent legal forfeiture.

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Grace Period & Default Notice

A contractual post-due-date window before financial late fees, default interest rates, or formal legal cure notices are assessed.

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Incident Reporting & Crisis Management Plan

A plan for documenting critical incidents, coordinating communications, and reporting to the appropriate contacts under applicable arrangements.

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Internet of Things

The Internet of Things connects devices and systems that use sensors or actuators to interact with the physical world.

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