Archives: Glossary Terms

Computer-Aided Facility Management

Funds spent on acquiring or upgrading physical assets.

Evaluating and prioritizing capital-intensive projects.

The measurement of CO2 levels, often used as an indicator of indoor air quality and ventilation effectiveness.

A condition that causes numbness, tingling and other symptoms in the hand and arm due to a compressed nerve in the carpal tunnel.

The process of translating high-level strategic objectives into more specific, actionable goals and targets at each level of the organization, from the executive team down to individual contributors.

Predicting financial movement throughout the project.

A term used in Hoshin Kanri to describe the iterative process of setting and aligning objectives across different levels and functions of the organization, with frequent feedback loops and adjustments.

A formal procedure for managing project changes.

A collective term for all approaches to prepare, support, and help individuals, teams, and organizations in making organizational change.