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Macrolevel space forecasts

Organization-wide forecasts that identify major strategic changes in space needs over the planning horizon. For example, whether to build or lease a […]

Material lien

A secured interest in a property to protect against defaults in payments to suppliers of materials used to improve said property.

Market trend

The general direction in which something is developing or changing.

Mixed costs

Costs that vary with changes in volume or activity, but not by a direct proportion. Also known as semi-variable costs.

Memorandum of agreement (MOA)

A reciprocal agreement to provide each other a specific amount of workspace if an emergency disables one of the facilities. Organizations may […]

Maintenance period

The time period in which the contractor provides routine maintenance services for a deliverable as part of the contract.

Memorandum of understanding (MOU)

Document that describes very broad concepts of mutual understanding of goals and plans shared by parties. This may precede a more detailed […]

Measuring space

Agreed upon methods for measuring the space of a building such as when determining the total square meters (feet) to be charged […]

Measures of association

Show the extent (magnitude) to which two or more factors (variables) are related and the nature (direction) of the relationship. These measures […]

Mission-essential functions (MEF's)

If an abrupt interruption in a given function for more than a defined time would interfere with the organization’s mission.