Definitions for "Facilities management"
The process involved in the management of physical structures that support the operations environment. It includes property, utilities, power backup, property maintenance, and monitoring. This is often performed by external specialists.
A multidisciplinary profession drawing on theories and principles of engineering, architecture, design, accounting, finance, management, and behavioral sciences.
Refers to the agreement between a wholesale customer and a telecommunications service provider to have the provider manage internal company facilities for the customer. NOTE: Facilities management does not involve transfer of facilities ownership to the service provider.