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Facility Management as a Partner of Cost Controlling at Costs Optimization in the Selected Enterprise

Ladislav Vagner ()
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Ladislav Vagner: University of Zilina

Chapter Chapter 57 in New Trends in Finance and Accounting, 2017, pp 621-629 from Springer

Abstract: Abstract Facility management implementation trend tends to bring reactions that it is only a useless luxury. This article will point out one of the few practical benefits in which the implementation of facility management into the businesses brings. Together with cost controlling, whose monitoring of the cost structure revealed a relatively high proportion of heating costs, we defined a suitable area for optimization. The project, in which facility management brings in, refers to the possibility of energy cost reduction using appropriately invested capital. Savings are significant and returns of the entire investment are likely to be approximately 9 years. Together with a cost reduction, this would also prolong the lifetime of the whole building and also increase its intrinsic value.

Keywords: Cost controlling; Facility management; Operating costs; Thermal transmittance (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-319-49559-0_57

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DOI: 10.1007/978-3-319-49559-0_57

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