What is facility management?

Facility management is a business practice that encompassed multiple disciplines optimizes people, processes, assets, and the working environment to support the delivery of the organization’s commercial objectives.

It is an essential business function; the facility manager is a business manager and should be placed at the same level as the managers of human resources and information technology.

It ensures that the customer's facility is in optimum operational condition and that they are receiving services in a prompt and organized manner.

Facility management, commonly, abbreviated as FM, is still a fairly new business and management discipline in the private sector. In the public sector, however it has been practiced as post engineering, public works or plant administration for many years.

When facility management is practiced properly, the following benefits accrue to the company:
*Facility plans match company plans.
*Space is available when and where it is needed.
*Capital expenditures are planned and controlled.
*Employee productivity is maximized.
*Costs are minimized, sometimes avoided and always predicted.
What is facility management?