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HOTmike HOTmike
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6 years ago
A facility life-cycle cost study is a:

a.   set of drawings illustrating the construction phases involved in a complete gutting of a space.

b.   periodic, rigorous evaluation of a property, usually by the property’s general manager and the owner’s representative or asset manager, regarding the property’s current market position.

c.   space-by-space schedule of the projected renovation needs for a given building over a very long time horizon (such as 20 to 30 years).

d.   booklet prepared by the property’s managers, showing the costs involved in upgrading the property’s technical systems (front office accounting system, fire-suppression system, and so on) over time (typically 15 to 20 years).
Textbook 
Hospitality Facilities Management and Design

Hospitality Facilities Management and Design


Edition: 4th
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EleglinEleglin
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6 years ago
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