Thesis Title : Factors Affecting Operation and Maintenance Cost of Hotels in Saudi Arabia Major Field : Architectural Engineering Date of Degree : May, 2017 Hotels, as a major part of the tourism industry has a significant impact on local economy of any country. The three factors that most significantly drive your maintenance cost at any time are your asset Life Cycle Cost strategy, planned asset utilization and your organization’s behaviors. Factors to Consider During Selection of Building Site Natural defects of a site will involve considerable expenditure on construction and maintenance of the building. The applicability of LCC to maintenance 4. Factors Affecting Software Maintenance Effort and Cost Let’s take a look at 2 products, both of which have been in use for a year and have over 20,000 users each. Economic factors. Factors affecting cost of Construction Fluctuation in currency exchange rate-The production of basic components requires importation of some materials, in time of downfall in naira to dollar, we can see the effect in the immediate 100% rise in price of cement and other materials. This report analyzes the factors that determine the cost of electricity from new power plants. M&O expenses have increased 5 percent per year since the 1940s; this means that housing rents must increase faster or new kinds of subsidies must be found. Maintenance and repair (M&R) spending is a normal and expected cost of facility ownership. 3 Other Factors That Affect the Final Price There are some non-technical factors that should be considered because they can also affect the final price. The economy of Nigeria affects the cost of building construction to a large extent. . – It has been found that the cost for housing maintenance is relatively high due to poor maintenance practices. One of the findings of the research looking at the application of integrated logistics support (ILS) to the existing building stock carried out by the authors was that many factors have an effect on maintenance cost. Operations and Maintenance Costs: ... One of the primary factors that influences cost is the building site. ... Factors Affecting the Selection of Construction Material . However, the cost can be minimized through an aggressive facility management program and the use of applicable diagnostic tools. It represents a considerable number of small to medium-sized business. Aesthetics When choosing materials, you need to consider the look you want. Scope, and III. For the priority. 2) Record Keeping and Data Analysis The main objective of this paper is to examine strategic and operational factors influencing the management of building maintenance operation processes in sports and leisure facilities. [1]. Besides that, building maintenance costs increase and decrease will be affected due to the various factors. Building maintenance is actually a process by which a building is kept usable at a pre-determined standard for the use and benefit of its occupants or users. The literature thus far on the factors affecting the overall cost of construction projects include studies by Memon et al. The costs and values included in a Life Cycle Costing Exercise 5. From 1939-1967, 91 percent of maintenance and operating (M&O) cost variation resulted from price inflation, project aging, changes in service, project size, and average unit size. A variety of studies about factors affecting cost in the context of construction have been conducted, which comprise studies of project cost associated with project characteristics and costs related to influences from clients, contractors, and others [26, 27]. The factors affecting the investment life of a project 3. (2010), Stoy and Schalcher, (2007), Chan and Park, (2005) Elhag et al. This paper aims to determine and identify the factors contributing to rising maintenance costs., – A quantitative approach was adopted that sought to gather factual data using the approach taken by El‐Haram and Horner. If equipment and supplies have to be carried upstairs, costs can be higher. Other factors affecting cost include the form of contract, period for completion, structural form, extent of prefabrication and standardisation and consideration of maintenance and running costs, all of which will be considered in subsequent chapters. ANALYSIS OF THE FACTORS AFFECTING BUILDING MAINTENANCE IN GOVERNMENT RESIDENTIAL ESTATES IN AKURE, ONDO STATE, NIGERIA Viewed over a 30 year period, initial building costs account for approximately just 2% of the total, while operations and maintenance costs equal 6%, and personnel costs equal 92%. National Institute of Building Sciences Innovative Solutions for the Built Environment 1090 Vermont Avenue, NW, Suite 700 | Washington, DC 20005-4950 | (202) 289-7800 Implementing a planned maintenance strategy rather than reactive can deliver major cost savings in the long term because the cost of deferred maintenance can be rather high. 3 Proactive Ways to Reduce Maintenance Costs for Your Facility Preventative and predictive maintenance approaches are growing in popularity with facility managers. Location, II. All these decisions affect the cost of production in the long run. A generator on the roof of one condominium can have an annual maintenance cost of five to 10 times that of an identical generator on another roof. Generally there are three types of factors which influence the cost of production e.g. The factors affecting the cost of building construction in Nigeria can be explained in the following ways: 1. Maintenance costs: Maintenance costs alone can account for a significant part of a facility’s annual budget. I. If the economy of Nigeria is robust and if people have more money, then more people will commence their building projects. Choose the best building material by knowing the factors That affect the selection of construction material while you build a house. Created Date: 3/13/2009 1:00:40 PM 03. Building maintenance has become a major part of the work in the building industry and absorbs milllions of Ringgit each year. The building maintenance policy states ... Factors Affecting Best Maintenance Practice In Tanzania Public Sector 2. When considering the life cycle of a roof, all too often commercial and industrial building owners forget to consider maintenance costs or focus too much on the warranty of the new roof. In order to solve the problem of increasing in building maintenance cost, building management team should adapt some strategies by reduce or minimizing the number of maintenance activities (Azlan Shah Ali, 2010). In By taking a more upfront, proactive approach with certain aspects of building maintenance, managers are achieving greater cost … While unsatisfactory conditions in the neighborhood of locality will cause unhappy living conditions on one hand and possible deterioration of the value of property on the other. First you need to understand the factors that affect the optimum cost level for your business. When asked to characterize the top three responsi- majority of respondents (90%, n4375) any unspent portion bilities of the operators and maintenance staff, respondents of the O&M budget does not carry over to the next year. The standard may vary according to the function of a building. These factors — including construction costs, fuel expense, environmental regulations, a nd financing costs — can all be affected by government energy and economic policies. There most important of them are hiring options, staff experience, and region where the developer is from. One is for building maintenance costs and the other is for equipment life. Factors Affecting Maintenance and Operating Costs in Private Rental Housing Author: Karen M. Eisenstadt Subject: Shows how the level of expenditures needed to maintain and operate private rental housing to building code standards varies with a building's physical characteristics. Reinforced concrete plays a major role in the type of building structure that we have, and the cost of your building varies much based on its usage. The entrepreneur, therefore, should study the various forces (factors) which may affect the cost behaviour in the long run. power plant costs. Choose building materials that will serve you well for a long time and this will end up being cost-efficient. As the structure of a building bears as much as 60 to 70% of a building’s cost, the type of structural system that one chooses to build with greatly influences the cost of your building. [3]. Evaluation of the factors affecting housing maintenance and its probable solutions . Thanks to programs such as the U.S. Green Building Council’s landmark LEED rating system for buildings, green facilities have crept into the mainstream.“There are about 500 million square feet of green buildings under design, development, and completion,” says Greg Kats, principal of Capital E, a Washington, D.C. consultancy focusing on clean energy. 1) Your asset Life Cycle Cost … In an attempt to uncover the underlying factors, a questionnaire survey was conducted among 50 local authority and housing associations throughout Scotland. building operation and maintenance issues are the highest square foot, not including in-house labor costs. These factors are developed from the identification of four main aspects in building maintenance management: building maintenance policy and strategy, strategic management, facility management and … 2005, Bubshait and Al-Juwairah (2002, all of which identified the factors that significantly influence construction costs in different countries. 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