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Jargon Buster

Wireless

Technology that uses radio, bluetooth or infrared connections between devices, doing away with the need for fixed cables.

Business continuity

Condition-based maintenance

Contracting out

Disaster recovery

Facilities management

Facilities services

Feasibility study

Financial close

Flexible working

Gross internal area

Input specification

Integrated services

Key performance indicator

Net internal area

Open-book accounting

Output specification

Planned preventative maintenance

Preferred bidder

Primary circulation

Prime contracting

Private Finance Initiative

Public private partnership

Reactive maintenance

Risk management

Secondary circulation

Service level agreement

Total facilities management