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FM Glossary

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  • About FMPedia
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    • P2E2
    • PACE Financing
    • PACM
    • PANELS 1
    • PAPR
    • PAR Lamp
    • PARTITIONS
    • PARTNERING 1
    • PAT
    • PAUIX
    • PBX
    • PC
    • PCB
    • PCB (Polychlorinated Biphenyls)
    • PCM
    • PCMCIA slots
    • PDA
    • PEL
    • PERFORMANCE BASED CONTRACT
    • PERFORMANCE SPECIFICATION 1
    • PERFORMANCE STANDARDS
    • PERT diagram
    • PERT diagramming
    • PI control
    • PID
    • PID control
    • PLL
    • PLM
    • PM
    • POP
    • POPULATION
    • PPI
    • PPO
    • PPP
    • PR
    • PREVENTIVE MAINTENANCE
    • PRI
    • PRIMARY POINT OF CONTACT
    • PRIVATE OFFICE 1
    • PROACTIVE 1
    • PROCUREMENT
    • PROGRAMMATIC MONITORING
    • PROGRAMMED WORK 1
    • PROM
    • PROTEST
    • PROVIDER
    • PROVIDER'S FISCAL YEAR
    • PRP
    • PRV
    • PSD operating permit
    • PSTN
    • PTC device
    • PUBLIC ENTITY CRIME
    • PUNCH LIST 1
    • PURCHASE ORDER
    • PV
    • PVC
    • Panels
    • Parallel Lamp Operation
    • Parent company
    • Pari passu
    • Parking Area
    • Parking Ratio
    • Partial Service
    • Particulate
    • Particulate Pollution
    • Partition
    • Partition 1
    • Partnering
    • Partnership
    • Party Wall
    • Party wall 1
    • Passageway
    • Passing Rent
    • Passive buildings
    • Payback Period Analysis
    • Pb
    • PdM
    • Peak date
    • Pentium
    • Peppercorn Rent
    • Percentage Lease
    • Percentage Rent
    • Percentile
    • Performance Based Incentives
    • Performance Based Payment System
    • Performance Indicator
    • Performance Indicator 1
    • Performance Specification
    • Perimeter Encroachment
    • Period Contract
    • Permissible Use
    • Permit Imprint
    • Permitted Use
    • Personal Tax Incentives
    • Peter Principle
    • Petroleum
    • Phase I Environmental Report
    • Phase I Site Assessment
    • Phase II Site Assessment
    • Phase III Site Assessment
    • Phosphor
    • Photochemical Oxidants
    • Photochemical Smog
    • Photometry
    • Photopic
    • Photovoltaics
    • Physical Depreciation
    • Planet Ark
    • Plannable Gross Area
    • Planning Instrument
    • Planning Scheme
    • Plant Deterioration Rate
    • Plenum
    • Plot Ratio
    • PoE
    • Polluter pays principle
    • Pollution
    • Pollution Prevention
    • Pollution Prevention 1
    • Polygon
    • Polyline
    • Polyvinyl Chloride or PVC
    • Portfolio
    • Portfolio Management
    • Post Occupancy Evaluation
    • Post-Consumer
    • Post-Occupancy Evaluation (POE)
    • Post-consumer Material
    • Post-consumer Recycle Content
    • Post-consumer material 1
    • Post-industrial Material
    • Post-industrial Recycle Content or Pre-Consumer Recycle Content
    • Postage Meter
    • Postal Customer Council (PCC)_
    • Postal and Carrier Management
    • Power Disturbances
    • Power Factor
    • Power Factor Corrected
    • Power Grid
    • Power Pool
    • Power Quality
    • Ppb
    • Ppm
    • Practical Completion
    • Pre-consumer materials
    • Predictive Maintenance
    • Predictive Maintenance - BICE
    • Predictive control
    • Predictive maintenance (condition based maintenance)
    • Preliminaries
    • Premises
    • Premises 1
    • Premium
    • Present Value
    • Presort
    • Presorted First-Class Mailing
    • Presorted Mail
    • Presorted Prices
    • Preventive Maintenance (PM)
    • Preventive Maintenance - BICE
    • Prima facie
    • Primary Circulation
    • Primary Circulation Area
    • Principal
    • Principal Consultant
    • Principles of Responsibility Investment
    • Private Network
    • Private Office
    • Pro rata
    • Pro tanto
    • Pro tempore (pro tem)
    • Proactive
    • Proactive Maintenance
    • Procurement Process
    • Procurement plan
    • Producer Price Index (PPI)
    • Product Code
    • Product Stewardship
    • Product Stewardship (otherwise known as Extended Product Responsibilit
    • Prognostics
    • Programmed Rapid Start
    • Programmed Work
    • Progress Certificate
    • Progress Payment
    • Project Management
    • Project Management Contract
    • Project Plan
    • Projected Coordinate System
    • Projected Plant Growth Rate
    • Property Liability Insurance
    • Property Management
    • Property Tax Incentives
    • Provisional Quantities
    • Provisional Sum
    • Proxy
    • Public Benefit Funds
    • Public Liability Insurance
    • Public Space
    • Pulse Start
    • Punch List
    • Pyrolysis
    • p-list waste
    • pH
    • package loan
    • package policy
    • packaged indoor unit
    • packaged rooftop unit
    • packed valve
    • packet-based technology
    • packless expansion joint
    • pad space
    • paid loss
    • paint
    • paired-comparison approach
    • pane
    • panel
    • panel wall
    • par value
    • parabolic lens
    • parallax
    • parallel circuit
    • parapet
    • parking concession
    • parol evidence
    • parol evidence rule
    • parquet flooring
    • part performance
    • partial integration
    • partial release of mortgage
    • participating insurer
    • participation
    • participation loan
    • parts per million (PPM)
    • pass-through
    • passenger elevator
    • passive activity
    • passive solar heating system
    • patch panel
    • path statement
    • pathway
    • pay for performance
    • payback analysis
    • payback period
    • peak demand
    • peak exposure
    • peak flow
    • peer review
    • peer-to-peer
    • pendant-mounted
    • pendent sprinkler
    • pension fund
    • people, process, and place
    • people-centered
    • perception
    • perceptual base
    • perennial
    • perfection
    • performance
    • performance appraisal
    • performance report
    • performance-based specification
    • period of restoration
    • periodic tenancy
    • peripheral
    • perjury
    • perlite
    • perm
    • permanent closure
    • permanent injunction
    • permanent loan
    • permeance
    • permissible exposure limit (PEL)
    • permit-required confined space
    • person-role conflict
    • personal and advertising injury
    • personal communication styles
    • personal computer (PC)
    • personal contract
    • personal digital assistant (PDA)
    • personal duties
    • personal exposure monitoring
    • personal guarantee
    • personal injury
    • personal jurisdiction
    • personal property
    • personal protective equipment
    • personal sample
    • personalty
    • perspective drawing
    • perspective specification
    • petty cash
    • phantom gain
    • phantom space
    • phantom vacancy
    • phase
    • phase contrast microscopy (PCM)
    • phase rotation
    • phased application
    • photoionization detector (PID)
    • photovoltaic cell
    • physical infrastructure
    • physical resources
    • physical safeguards
    • pigment
    • pilaster
    • pile
    • pilot relay
    • piston
    • piston metering device
    • pitch pan
    • pitch pocket
    • pitting
    • plain concrete
    • plan
    • plan sponsor
    • plank flooring
    • planned change
    • planned replacement
    • planning
    • plaster
    • plastic cement
    • plastic conduit
    • plastic flow
    • plate
    • platform
    • pleading
    • plotter
    • plug and play infrastructures
    • plug load
    • plumbing
    • plunger
    • ply
    • plywood
    • pneumatic
    • pneumatic control system
    • point
    • point of demarcation
    • point of presence (POP)
    • point source discharge
    • point-of-use hot water system
    • poke-through wiring
    • polarized light microscopy (PLM)
    • police power
    • policies
    • policy expiration date
    • policy inception date
    • policy orientation
    • policy reinstatement
    • pollution exclusion
    • pollution legal liability (PLL) insurance
    • polychlorinated biphenyl (PCB)
    • polyolester
    • polyurethane compound
    • polyvinyl chloride (PVC)
    • ponding
    • pooled fund
    • port
    • port circuit pack
    • portable document
    • portable shell
    • portal
    • portfolio manager
    • portland cement
    • positioning
    • positive discipline
    • positive displacement screw compressor
    • positive pressure air-purifying respirators
    • positive temperature coefficient (PTC) device
    • possession
    • post office protocol (POP)
    • post-audit letter
    • posting
    • posttensioned concrete
    • potable water
    • potential
    • potential energy
    • potential exposure
    • potentially responsible party (PRP)
    • pounds per square inch (psi)
    • pounds per square inch absolute (psia)
    • pounds per square inch gauge (psig)
    • pour point
    • power
    • power and communications plan
    • power factor correction capacitor
    • power factor penalty charge
    • power pole
    • power user
    • power, data, and telephone plan
    • powered air purifying respirator (PAPR)
    • pre-action sprinkler system
    • pre-bid
    • pre-proposal conference
    • preaudit interview
    • preaudit letter
    • precast concrete
    • precipitation
    • preexisting condition
    • preferred provider organization (PPO)
    • preferred stock
    • pregnancy covered as any other illness
    • preliminary cost estimate
    • preliminary injunction
    • preliminary motion
    • preliminary pricing plan
    • preliminary project budget
    • preliminary report (PR)
    • premises liability
    • premises medical payments coverage
    • premium discount
    • premium finance company
    • prepaid expenses
    • prepayment
    • prepayment penalty
    • prescriptive specification
    • present covenants
    • present value (PV)
    • pressure
    • pressure leak
    • pressure regulating valve (PRV)
    • pressure zone
    • prestige cleaning
    • presumed asbestos-containing materials (PACM)
    • pretensioned concrete
    • pretensioning
    • pretreatment chemical
    • pretrial conference
    • prevention of significant deterioration (PSD) operating permits
    • primary activities
    • primary cell
    • primary colors
    • primary controls
    • primary load
    • primary market
    • prime rate
    • primer
    • principle of indemnity
    • principle of insurable interest
    • prior approval rate-filing method
    • prior approval system
    • private branch exchange (PBX)
    • private insurer
    • private nuisance
    • private placement
    • private proprietary insurer
    • privity of contract
    • pro forma
    • pro forma rate
    • pro rata cancellation
    • pro rata share
    • probability
    • probability of loss
    • problem-solving team
    • procedural justice
    • procedural orientation
    • procedure
    • process
    • process departmentalization
    • process wastewater
    • processing
    • product departmentalization
    • product standards
    • productivity rate
    • products and completed operations aggregate limit
    • products and completed operations coverage
    • products liability
    • professional
    • professional code of ethics
    • professional liability insurance
    • proficiency analytical testing (PAT)
    • profile
    • profit center
    • profit-sharing plan
    • program
    • program evaluation and review technique (PERT)
    • programmable read-only memory (PROM)
    • programmed
    • programmed conflict
    • programmed decisions
    • programming
    • project
    • project close-out
    • project cost estimate
    • project delivery
    • project delivery cycle
    • project implementation
    • project management system
    • project manager
    • project note
    • project requirements program (PRP)
    • project schedule
    • project strategy
    • project team
    • project work
    • prolonged stress
    • promisee
    • promisor
    • promissory note
    • promissory warranty
    • proof-of-loss form
    • proper parties
    • property
    • property damage
    • property management firm
    • property manager
    • property transfer
    • proportional controller
    • proportional plus integral (PI) controller
    • proportional plus integral plus derivative (PID) controller
    • proportional relay
    • proposal to lease
    • proposed regulation (PR)
    • proprietary specifications
    • proprietary system
    • proprietor
    • proprietorship
    • prospect progress report
    • prospect registration letter
    • prospectus
    • protocol
    • proton
    • provisional premium
    • proximate cause
    • proximity
    • proxy server
    • psia
    • psychological violence
    • psychrometric chart
    • psychrometrics
    • public adjuster
    • public data
    • public nuisance
    • public policy
    • public stock offering
    • published reserve
    • pull box
    • pulse gate control meter
    • punch down
    • punching out
    • punitive damages
    • purchase money loan
    • purchase money mortgage
    • purchasing power
    • pure risk
    • purge
    • purlin
    • putty
    • pyrophoric
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possession

possession

The exercise of control over property, whether or not the possessor is the owner of the property or even has a legal right to possess it.

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