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FM & RE terms and definitions

Planon’s FM glossary provides free resources to help you navigate through real estate and facility management industry words, phrases, and acronyms.
Glossary | 11/11/2019
Campus Management

Real estate and facilities management professionals are turning to integrated campus management solutions to enhance the learning experience and environment they provide to campus users. 

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Glossary | 17/09/2019
Lease Accounting

Lease accounting software manages a company’s leased real estate properties, assets and equipment, enabling compliancy with financial lease accounting reporting regulations such as IFRS 16 and ASC 842. 

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Glossary | 16/09/2019
IFRS 16

Lease accounting software manages a company’s leased real estate properties, assets and equipment, enabling compliancy with financial reporting regulations such as IFRS 16. 

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Glossary | 28/10/2016
Workplace Management

Workplace management involves all facilities, assets, services, technology, and processes needed to provide the best environment for employees to be productive. 

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Glossary | 27/10/2016
CMMS | Computerised Maintenance Management System

Computerised Maintenance Management System (CMMS) software supports maintenance planners, engineers, real estate owners, and service providers to ensure streamlined and compliant execution of work. 

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Glossary | 26/10/2016
Service Management

Service Management aims to improve customer relationships and overall care, while also helping to reduce costs associated with providing those services. 

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Glossary | 26/10/2016
BIM | Building Information Modelling

Building Information Modelling (BIM) is a digital representation of the physical and operational components of a building to aid in construction and beyond. 

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