The integrated field encompassing the oversight, control, and optimization of physical assets, including buildings, land, equipment, and infrastructure, ensures operational efficiency and occupant well-being. For example, coordinating building maintenance, security systems, and cleaning services within a corporate office complex falls under this domain.
Effective stewardship of these resources contributes significantly to an organization’s bottom line by reducing operational costs, mitigating risks, enhancing productivity, and creating a positive environment for occupants. Historically, this discipline evolved from basic custodial duties to a sophisticated profession incorporating technology and data-driven decision-making to address the complex needs of modern businesses and institutions.