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Infrastructure Lifecycle Management
Infrastructure
Lifecycle Management
is a term
coined
by the
real estate
sector
. It
covers
the
management
of all
core
processes
around
planning
,
construction
,
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
and is
finalized
by the
demolition
, dismantling or
conversion
of the property.