Risky business

Article Abstract:

Condition Based Risk Management (CBRM) is a radically new way of managing assets. There are ample business opportunities for contractors who are prepared to adopt the potential of CRBM. CRBM means inspecting more and maintaining less which means the service life of assets can be extended considerably. UK electric companies are the first to adopt CBRM followed by petrochemicals operators with large electricity assets.

Asset & Risk Management, Risk management

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Approval for new ECA energy efficiency scheme

Article Abstract:

The United Kingdom has approved new energy efficiency scheme launched by Electrical Contractors Association (ECA). This new scheme will be implemented in all energy using installations.

Government domestic functions, Government regulation, Energy policy, Licensing, certification and accreditation, Electrical Contractors' Association, Energy efficiency

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Whole hearted

Article Abstract:

The concept of whole life cost analysis for manufacturing sector is discussed.

Financial management, Manufacturing industry, Manufacturing industries, Finance, Cost benefit analysis, Company financing

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