Group 3 Flashcards
What is the projected value of the Philippine FM market by 2030?
USD 5.60 billion
What is the primary focus of modern facility management (FM)?
Strategic decision-making and optimizing built environments
What is a significant driver of FM demand in the Philippines?
Expansion of BPO industry
Which international standard is widely used in Philippine FM?
ISO 41001
What is a major trend driving the growth of soft FM services?
Technological integration and sustainability
What is the key market restraint in FM adoption?
Rising cost concerns
What is one benefit of adopting ISO 41001 in facility management?
Improved operational efficiency
Which region is considered the economic hub for FM in the Philippines?
Manila
Which company specializes in integrated real estate services?
Cushman & Wakefield LLC
What drives the demand for facility management in provincial cities
like Pampanga?
Increase in coworking spaces
Which FM segment is projected to grow at a 7% CAGR during 2024-2029?
Soft FM
Which law ensures workplace safety in the Philippines?
Occupational Safety and Health Standards (RA 11058)
Which company is headquartered in Salcedo Village, Makati City?
Sodexo Group
What is one challenge faced by the Philippine FM market?
Shortage of skilled professionals
What is a key market opportunity for FM providers in the Philippines?
Adoption of smart FM technologies
What does ISO 41001 emphasize in FM operations?
Interconnectedness of people, processes, and the environment
Which FM service provider is a pioneer in human resource solutions?
Servicio Filipino, Inc.
What contributes significantly to Metro Manila’s FM market?
Thriving BPO and commercial sectors
What drives the adoption of hard FM services in the Philippines?
Building energy efficiency and complex system management
