IFMA Logo

S

Knowledge Library
Filter by
Subjects
Category
Type

Sustainability vision

A one- or two-sentence, well-crafted statement that provides employees and stakeholders with a set of broadly stated principles against which the efforts […]

Simple payback period (SPP)

See payback period.

Scope creep

An extension of the objective(s) of the project by external influences, resulting in undesirable and unplanned changes to a project’s time, cost, […]

Smart meter

Tracks facility energy use both in terms of how much energy is being used and when it is being used. Communicates in […]

Survey response rate

The percentage of people who respond to a survey.

Statistical process control (SPC)

Monitors services and processes in order to control the quality. It is done in real time rather than after delivery (or inspections).

Statement of Work (SOW)

A listing of the specific tasks the supplier is to perform.

SWOT Analysis

A strategic planning method used to evaluate the strengths, weaknesses, opportunities and threats in a project.

Snagging list

See punch list.

Soft costs

Internal costs, such as salary/time of employees involved in managing the move; downtime and loss of productivity of employees being moved.