IFMA Logo

P

Knowledge Library
Filter by
Subjects
Category
Type

Performance metrics

Determines the standards by which to measure the success of the policy.

Plan, Do, Check, Act (PDCA) cycle

An iterative model that has four phases: Plan, Do, Check and Act. The output of each phase serves as the input to […]

Private Branch Exchange (PBX)

A larger and more feature-rich telephone system that is part of the broad category of customer premises equipment, which refers to equipment […]

Prescriptive specifications

Dictate exactly what will be done, how the tasks will be performed and the frequency. Restrictive; they are based on specific inputs.

Portfolio management

The unified management of a group of properties. Decisions are made on the basis of achieving the maximum benefit for the owner.

Property management

A tax levied against owner, leasor or occupier of any property based on an assessment of the value of the property, its […]

Process map

Any one of several kinds of visual illustrations of how work flows. Flowcharts are the most simple, basic and linear. Cross-functional ones […]

Pro-forma statement

A financial statement prepared as a projection of the future. Attempts to present a reasonably accurate idea of a financial situation if […]

Practice

A general term that refers to the customary, habitual or expected procedure or way of doing something. It has no force of […]

Protocol

Consists of all works that never had copyright protection and works that no longer have copyright protection.