MEANING OF FACILITY MANAGEMENT:
Facility management is an interdisciplinary field primarily devoted to the maintenance and care of large commercial or institutional buildings, such as hotels, resorts, schools, office complexes, sports arenas or convention centers. Duties may include the care of air conditioning, electric power, plumbing and lighting systems; cleaning; decoration; groundskeeping and security. Some or all of these duties can be assisted by computer programs.
It is the role of the Facility Management department to coordinate and oversee the safe, secure, and environmentally sound operations and maintenance of these assets in a cost effective manner aimed at long-term preservation of the asset value.
The term "facility management" is similar to "property management" but is typically applied to larger commercial properties where the management and operation of the buildings is more complex.