Facilities management is a segment of broader real estate oversight. It’s focused on understanding the role of facilities in the total scope of a company’s physical presence. In addition, it identifies costs and needs associated with facilities and how they impact business strategies.

Facilities are important to about every aspect of operations, which makes them an important consideration in various facets of business planning.

Facilities management includes:

• Lease management, including lease administration and accounting
• Capital project planning and management
• Maintenance and operations
• Energy management
• Occupancy and space management
• Employee and occupant experience
• Emergency management and business continuity
• Real estate management