F – Compendium of Real Estate Terms & Concepts

The facility master plan provides a framework for the physical environments that incorporate the buildings. Master planning develops the site-specific integration of programmed elements, natural conditions and constructed infrastructure and systems at the functional, aesthetic and temporal levels.

Facilities management, commonly abbreviated as FM in the literature, has been variously defined by many individuals and organisations over the years, reflecting its evolution, different perspectives, and the widening scope of its roles. The definitions of FM, which aid the understanding and reveal the nature of the field, are chronologically…

In Olusegun (2015), ‘Facilities’ is variously described as: • those items that supports people in the organisation in their endeavours to achieve business goals and they are the tools which people...