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

In: New Trends in Finance and Accounting

Author

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  • Ladislav Vagner

    (University of Zilina)

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.

Suggested Citation

  • Ladislav Vagner, 2017. "Facility Management as a Partner of Cost Controlling at Costs Optimization in the Selected Enterprise," Springer Proceedings in Business and Economics, in: David Procházka (ed.), New Trends in Finance and Accounting, chapter 0, pages 621-629, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-49559-0_57
    DOI: 10.1007/978-3-319-49559-0_57
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    Cited by:

    1. Pavol Durana & Katarina Valaskova & Darina Chlebikova & Vladislav Krastev & Irina Atanasova, 2020. "Heads and Tails of Earnings Management: Quantitative Analysis in Emerging Countries," Risks, MDPI, vol. 8(2), pages 1-21, June.

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