facility life cycle

a model in this case can be defined as a mathematical representation of the future cash flows associated with life cycle cost for a given building

for a basic model that the facilities manager will need to be able to write mathematical equation capable of forecasting future cash flows using the following information

called benefit cost analysis , is a systematic approach to estimating the strength and weaknesses of alternative to use to determine options which provide the best approach to achieving benefits while preserving savings

is the study of how a specific cost respond to changes in the level of business activity

are cost that vary and total directly and proportionately with changes in the activity level

are cost that remain the same in total regardless of changes in activity level

are caused that contain both a variable element and a fixed element

uses the total cost incurred at the high and low levels of activity to classify mixed cost into fixed and variable components

analysis is the study of the effects of changes in costs and volume in a company's profit

basic components of cvp analysis

Is the amount of revenue remaining after deducting variable cost

formula for contribution margin per unit

formula for contribution margin ratio

a key relationship and cvp analysis is the level of activity at which total revenues equal total cost (both variable and fixed) this level of activity is called the _________

help this volume of sales the company will realize no income but will suffer no loss the process of finding the break-even point is called ____

relationship used in cvp analysis is the difference between actual and expected place and saves at the break even point

it is a discipline that enables organization to control cost drive service to excellence and mitigate risk to gain increase value from their vendor throughout the bill life cycle is used when describing the activities included in researching and sourcing vendors obtaining quotes with pricing capabilities turn around times and quality of work negotiating contracts managing relationships assigning jobs evaluating performance and ensuring payments are made it requires a lot of skills resources and time

effective vendor management

consists of multi-stage framework to evaluate not only what the suppliers can do but also the way it's done

steps in vendor selection process

during this stage the selected vendor provides services which need to be monitored and managed based on the defined strategy and evaluation and matrix evaluation criteria performance should be collected from various sources all collected data should be measured and reported in an appropriate from to be a shared with both parties

this stage provides the opportunity to optimize already established relationship with the vendor previously define kpt can be used to identify areas that change optimize or improve

review meeting should be conducted with vendors as for the strategy defined earlier the review meeting should be held for the technically once a month quarterly half a year or yearly this depend on the strategy and clarification the agenda of this meeting should include the following points discussion of performance as regards various metrics action points points from previous views meetings support needed to drive project improvement

vendor management life cycle

analyzing and understanding your third party spend

classifying your vendors enabling a segmented approach

continuous improvement and enhance vendor communication

devising appropriate kpis to measure performance

developing a clear risk strategy and mitigation plan

the person in an organization or overseas of relationships that can reside in any segment of the business from human resource to supply chain , though others in the organization may manage a relationship more directly on a base the day basis

is a document in table format that is used when developing the task needed to properly maintain facility plant or process equipment each ______ should include one or more maintenance task design to ensure the continued operation and amaintance of an equipment i failed process or system

this identifies the ______ of mass to which the maintenance task of light example fans centrophobial pumps belt conveyors etc

identify the specific equipment that is covered by the emp usually the equipment number and description as listed in the cmms is used here

number list what technical _____ is available and where it is stored or maintain

the area requires a yes or no indication of feather or not the equipment name plate data has been _____

number identifies the physical _____ of the equipment within the plant or facility

encompasses all those activities that may facilities and equipment in good working order so that system can perform as intended can also be termed as asset management system which keeps them and optimum operating condition

equipment malfunction have direct impact on

problems in maintenance

problems exist due to

maintenance objectives

maintenance types

management concept whereby companies integrate social and environment concerns and their business operations and interactions with their stakeholders as a self regulating business model that helps a company be socially accountable to itself in stakeholders and the public is often defined as a soft governing business approach that creates long term consumer and employee value by implementing a strategy aim toward preserving the natural environment and taking into consideration every dimension of how a business operates in its social cultural and economic environment provides an organized way for companies to make public their performance information that covers all three legs of sustainability environmental social and financial performance

benefits of corporate social responsibility

types of csr

which focus on decreasing pollution and practicing green strategies

this focuses on the donation of the company's time money and resources

are system designed to capture sunlight in order to generate electricity as an alternative source of energy are fitted with photovoltaic cells that are responsible for converting the captured light and the into direct current electricity

best characterized by high capital cost requirements but have a low operating cost and a long service line the ability to finance a solar system request at the burden on the initial cause of preparing the system and spread by this cause over the long term while the system is already generating savings on electricity cost

was codified in december 2008 to offering the government's commitment to accelerate the utilization of renewable energy resources in the country this is to effectively reduce harmful emission and achieve economic development like protecting health and environment renewable energy is an essential part of the conscious loss emission development strategy and its vital to addressing challenges of climate change energy security and access to energy

is a policy which by the cells an obligation on electric power industry participants such as generators distribution of utilities or suppliers to source or produced at specified function of their electricity from eligible recess

is a scheme that involves an obligation on the part of electric power industry participants to source electricity from regeneration at a guaranteed fixed price for a given period of time

is a mechanism established to provide and users or households the option to choose re a resources as their source of energy

for re as a consumer based renewable energy incentive skin wherein electric power generated by an end user (such as house or office with photovoltaic system ) from eligible onsite regenerating facility and delivered to the local distribution grid may be used to offset electric energy provided by the distribution utility to the end user

what are the cost you need to consider if you want to go solar