{{no footnotes, date=September 2010 Infrastructure Lifecycle Management (ILM) is a term coined by the real estate sector. It covers the management of all core processes around planning,

construction Construction are processes involved in delivering buildings, infrastructure, industrial facilities, and associated activities through to the end of their life. It typically starts with planning, financing, and design that continues until the a ...

, operation, maintenance and commercialization of buildings or property. The life cycle of a real estate property starts with the planning and realization phase, carries on with the commercial usage and

facility management Facility management or facilities management (FM) is a professional discipline focused on coordinating the use of space, infrastructure, people, and organization. Facilities management ensures that physical assets and environments are managed effe ...

and is finalized by the demolition, dismantling or conversion of the property.

References

* David G. Cotts (1998). The Facility Management Handbook, AMACOM. * Robert C. Kyle, Floyd M. Baird, Marie S. Spodek (1999). Property Management, Dearborn Real Estate Education. * W. Ronald Hudson, Ralph Haas, Waheed Uddin (1997). Infrastructure Management: Integrating Design, Construction, Maintenance, Rehabilitation and Renovation, McGraw-Hill Professional Publishing. Property management