Facility management, or FM, is a professional management discipline focused on delivering logistics and other support services to the organizations it supports in an efficient and effective manner.
Facility management is a new profession that encompasses a variety of disciplines to assure the physical environment's functionality by combining people, location, process, and technology.
Facilities managers, in essence, are in charge of the upkeep of the structures and assets that support businesses and organizations in any industry. Facility management is one of the fastest-growing global professions, and it may be one of the most cost-effective operations in your company.
Buildings and assets, regardless of their size and extent, account for the second-largest budgetary expenditure (after staffing). It is critical that every organization adopts customized solutions to aid in the control of the business environment and the monitoring of where the majority of expenditures are focused. Experts estimate that proper building and asset care, as well as effective and proactive property management, may save businesses millions of dollars each year.
Many facility managers will see it as a chance to take a more proactive approach, widen FM's function, and increase its value to the company. There is no way out because most of these drivers will attract senior management expectations from outside the FM discipline and, as a result, are outside the FM profession's influence. The main thing is to be aware that they are approaching, as well as to comprehend their significance and prospects.
The issue of comprehending and utilizing new technologies in our profession gets easier if we describe what we manage as 'assets' and resources' to give support services. Technologies that were merely 'suggested' a few years ago are now widely embraced, with a level of commitment and understanding that we believe should be communicated to our clients.
The phrase "facility management" is comparable to "property management," although it is usually reserved for larger and/or commercial assets with more complicated management and operations. By combining soft and hard services through a single point of contact, a building owner may take advantage of all of the benefits of Integrated Facilities Management (IFM).
Due to the importance of integration and energy management in today's facility management, many building owners prefer third-party suppliers to manage or take on the complete obligation. Large third-party facility management companies can optimize building efficiency and reduce operating costs in a variety of ways. When integrated facility management is used, the ultimate goal is to operate a building at the lowest possible cost while maintaining or enhancing its value.