Certified Facility Manager (CFM) Practice Exam

What do the "Three P's" refer to in facility management?

1. People, Product, Process.

2. People, planet, profit.

3. Performance, Productivity, Profit.

4. Project, Plan, Profit.

The correct answer is: People, planet, profit.

The "Three P's" in facility management refer to "People, Planet, Profit." This concept underscores the importance of balancing human resource considerations, environmental sustainability, and economic viability in effective facility management. The term "People" emphasizes the need to think about the workforce, tenants, and visitors, ensuring their health, safety, and comfort within facilities. When you consider "Planet," it highlights the imperative to factor in sustainable practices that minimize environmental impact, such as energy efficiency and waste management. Lastly, "Profit" refers to the financial sustainability and the economic performance of the facility, ensuring that operations are not only sustainable from a social and environmental perspective but also contribute positively to the financial goals of the organization. Collectively, these elements guide facility managers in making decisions that support not just operational efficiency but also ethical, sustainable practices and workforce well-being. This framework is increasingly important in today’s facility management landscape, where stakeholders expect organizations to prioritize sustainability alongside traditional business outcomes.