
Facility management (FM) is a professional management discipline with an objective to coordinate demand and supply of various facilities and services within the private and public organizations. It encompasses multi-disciplinary actions within the built environment as well as the management of the impact by these activities on people and the workplace. It ensures the functionality of the built environment by integrating people, process, place, and technology. The core competencies of FM include communication, finance & business, environment sustainability, strategy planning & leadership, project management, quality, property & real estate management, human factors, business continuity, technology, and others. It offers improved capital and expense accounting, improved efficiency, cost savings, effective planning & budgeting, and other benefits to the organization.