Archive for February, 2017

Case Study: Financial Asset Valuations vs CAPEX Renewals Modelling

The Problem

Since the introduction of IPWEA’s Practice Note 3 for buildings, government bodies have increasingly been attempting to pair financial asset valuations with asset management renewals modelling to save consulting costs. However, whilst high-level replacement modelling can be conducted from the financial asset valuation, additional costs are associated when renewing asset components due to variable service level expectations, lowered quantities of scale, restricted access to components, and costs associated with removal and disposal of failed components.

Because of ...

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