The operation, control, and oversight of real estate as used in its most broad terms. Management indicates a
need to be cared for, monitored and accountability given for its useful life and condition.
The management of personal property, equipment, tooling, and physical capital assets that are acquired and used to build,
repair, and maintainend item deliverables. Property management involves the processes, systems, and manpower required
to manage the life cycle of all acquired property as defined above including acquisition, control, accountability,
responsibility, maintenance, utilisation, and disposition.