Facility Management (FM)
The practice of coordinating and managing the physical workplace, including buildings, infrastructure, and services.
Full Definition
Facility Management (FM) is the practice of coordinating and managing the physical workplace, including buildings, infrastructure, equipment, and services to support an organization's core business activities. FM encompasses a wide range of functions including maintenance, space management, energy management, security, cleaning, and vendor management. Effective facility management ensures buildings operate efficiently, safely, and cost-effectively while supporting occupant needs and organizational goals.
Related Terms
Asset Management
The systematic process of managing physical assets throughout their lifecycle to maximize value.
Preventive Maintenance
Scheduled maintenance performed to prevent equipment failures and extend asset life.
Building Performance
The overall effectiveness of a building in meeting its functional, environmental, and economic objectives.