Compliance and Standards are common specifications, regulations, rules, guidelines, or behaviors used by organizations to demonstrate that they observe and comply with agreed criteria. They can help to ensure that process and leadership principles are consistent with good business practices.
Construction project management combines the responsibilities of a traditional project manager with the skills and expertise needed for construction and major renovation projects. The construction project manager’s role is to ensure that the stated objectives of a project are achieved.
Capital planning is the integral part of the strategic planning process. It is the process of budgeting resources for the organization’s long-term plans. It allocates funds dedicated for capital expenditures—such as obsolescence, operational excellence, and new facilities—to meet future organizational needs.
Strategic planning is an organization’s process of gathering and analyzing internal and external information, setting goals based on that analysis, developing plans to accomplish those goals, and defining performance objectives that can be used to assess progress.
Project management is the use of skills, knowledge, and tools and techniques in overseeing all activities related to a project. The project manager’s role is to ensure that the stated objectives of the project are achieved.
Collaboration involves working together to find ways to achieve multiple parties’ goals simultaneously. It is both a method of resolving conflicts that already exist between parties and an intentional process that parties can decide to adopt as they begin working together.
Innovation is the introduction of a new idea, process, or product. In organizations, it is used to deliver increased value. In FM organizations, innovation involves discovering new ways to deliver better service with in-creased effectiveness and efficiency.
Quality produces results or provides services that meet or exceed the organization’s standards or requirements. It involves ensuring that one’s own and others’ work and information are complete and accurate and includes developing and executing strategies to improve work processes and efficiencies.