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Facilities audit
Thorough, periodic reviews that encompass all of the services and assets within a facility. They follow a systematic process of inspecting and […]
Final completion
See completion date.
Fixed asset
An asset, such as property, plant, or equipment, that has a long life and cannot be expensed in a single year or […]
Facility condition assessment
Assessment that records a property’s condition at the present moment and forecast the long-term capital that might be expected in order to […]
Feasibility study
Study of a planned scheme or development, the practicality of its achievement, and its projected financial outcome.
Functional/structural model
A traditional hierarchical organizational structure model that contains specialized functions and uses line management to produce a vertical chain of command for […]
Facility strategic plan
A long-term plan encompassing an entire portfolio of owned and/or leased space that sets strategic facility goals based on the organization’s strategic […]
Forecasting
A technique for projecting operating results, over various periods of time.
Floor area measurement
Refers to the amount of area (measured as square meters or square feet) taken up by a building or part of it.
Financial statements
Documents (e.g., balance sheet, income statement, statement of cash flows, and statement of retained earnings) that report financial information about an organization.