Istrazivanja i projektovanja za privreduJournal of Applied Engineering Science


ISSN: 1451-4117

E-ISSN: 1821-31977
Volume 5 number 16, pages: 7 - 14

Milovancevic Milos 
University of Nis, Faculty of Mechanical Engineering, Nis, Serbia

Miltenovic Aleksandar 
University of Nis, Faculty of Mechanical Engineering, Nis, Serbia

Real estate is one of the most important parts of a corporate capital, as well as of wealth of an individual or a society; and management and maintenance of the built environment are connected with huge costs that owners or users intend to reduce. The concept of Facility Management (FM) is applicable first of all on the corporate level, but nowadays it is often used in urban and regional contexts as well. FM as recently introduced discipline, aims in supporting a strategic, efficient and cost-effective management of built environment, optimization of performances, quality improvement and control, cost reduction, transparency of budgets; affecting both organizational core business and urban environment.

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