Glossary of terms
To help you navigate the language of facilities, asset, maintenance and property management, we've compiled definitions of commonly used acronyms and technical terms below.
Asset Lifecycle Management
Managing an asset from procurement to decommissioning or replacement to maximise value, control costs and maintain performance.
Learn moreAsset Surveying
An asset survey catalogues equipment, infrastructure and property elements and is essential in ensuring asset data is correctly structured, consistent and up to date.
Learn moreAudits and Inspections
Structured checks that evaluate safety, compliance, quality and performance across assets, projects, sites and processes.
Learn moreCAFM
Software used to manage and optimise property, asset and maintenance operations across estates, supporting tasks like reactive repairs, compliance tracking and space management.
Learn moreField Service Management
Planning, tracking and managing work carried out by teams on site to improve scheduling, reduce costs and keep jobs running smoothly.
Learn moreInspection Software
Digital platforms for conducting and managing checks, surveys or inspections with accurate mobile data capture and digitalised, real-time reporting.
Learn morePlanned Preventative Maintenance
Scheduled maintenance carried out to prevent failures, extend asset life, and ensure safety and compliance.
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