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The Tradeline BLOG is an online exchange of quick bits of breaking information, intelligent “briefs”, promising technologies, emerging trends, HOT concepts “overheard” at Tradeline conferences, and some rare, practical stats that will help you keep tuned to the capital projects and facility management profession.
Do you have something to add? Please email us at blog@tradelineinc.com
TCO for Modeling, Business Cases, and Capital Projects
Base your business case analysis and total cost of ownership models on cost (numerator) on achieving your internal customer’s output/mission (denominator). That approach is hard to refute and gets to the heart of the institutional matter. Anoth...
| | 3.31.06
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Reliable Data - the foundation of management.
A robust, reliable facilities database becomes a powerful tool that managers will use to do their business. Good data has a cascading effect – the more it is used, the better the tool becomes. Reliable data is the foundation of your management proce...
| | 3.30.06
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Up-Front Planning for Projects
Construction cost escalation is not a contingency. It will happen, and you should be planning for it upfront or even now if you are in the middle of a project. Everybody “owns” cost escalation. You can’t control it – you can only r...
| | 3.29.06
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The key to creating a sophisticated project view.
To run accurate, sophisticated scenarios for capital projects in a few days instead of the conventional 3-4 weeks per scenario, mathematical modeling is mandatory.
- From Tradeline’s Leading-edge Management Models for Capital Projects and Facilitie...
| | 3.29.06
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Planning, Design, and Contruction Definitions
In spite of fast advances being made in the planning, design, and construction of BSL facilities, there is still confusion (even among the experts) on the meaning of terms such as “commissioning,” “certification,” “validation...
| | 3.29.06
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An initiative in the making.
Be alert to a coming new international bio-risk management certification standard to be based on the WHO lab biosafety manual. You may be asked for inputs to this initiative.
- From Tradeline’s 2006 International Biocontainment Facilities Con...
| | 3.28.06
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Tips for success
Benchmarking of other facilities is important for project success, but it should involve actual site visits by more than one person and the preparation of formal facility benchmark reports.
Explore benchmarking.
Learn about WorldBioHazTec's review of bi...
| | 3.28.06
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Use a single business model for complex portfolios.
When working with multi-campus, multi-business organizations, don’t attempt to improve processes without a “one-institution” philosophy that comes down from the top. “We are one company, and this is how we will do business – ...
| | 3.28.06
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Discover where change in your organization will be most effective.
You may start out thinking that the answer to streamlining is through an IT solution, but you will eventually realize that the answer lies in business process change.
- From Tradeline’s Leading-edge Management Models for Capital Projects and Facili...
| | 3.27.06
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Reduce HR Expenditure During Project Lulls.
Capital program outsourcing is being used to solve the manpower dilemma of peaks and valleys in capital project activity. It avoids keeping under-utilized “heads” on the payroll in the lull periods.
- From Tradeline’s Leading-edge Manag...
| | 3.27.06
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Advice for vendor selection.
If you contract for backup emergency management services, make sure you pick a service provider that won’t be subject to the same “shutdown events” that you might be subject to – that is, when you’re shutdown, they’ll s...
| | 3.26.06
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A tool for determining future space needs.
If you intend to be an organization that has space available when it is needed instead of 2-3 years after the need is determined, some kind of quantitative modeling process is a must.
- From Tradeline’s Leading-edge Management Models for Capital Pr...
| | 3.25.06
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Integration of funding streams is the key.
You must integrate all funding streams in order to make optimum economic decisions. It is pretty simple; just add them up – capital outlays plus 5, 10, or 30 years worth of operations.
- From Tradeline’s Leading-edge Management Models for Cap...
| | 3.24.06
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Benefits and Tips
A reliable project management tracking system will cut the need for project oversight personnel, saving possibly a large amount of project overhead cost.
- From Tradeline’s Leading-edge Management Models for Capital Projects and Facilities Manageme...
| | 3.23.06
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A key decision for cost reduction.
Going to a centralized software application may save a lot of cost simply by eliminating multiple software license fees and application-specific IT support people.
Facilities management software providers include FAMIS Software, Centerstone Sof...
| | 3.22.06
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Ensure you reap the savings benefits.
In outsourcing and automation initiatives that are expected to have on-payroll headcount impacts, you need to have someone “on deck” who will eventually force the benefits to occur – it doesn’t happen automatically.
- From Tradeli...
| | 3.21.06
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An innovative solution.
When you need to do paperwork in a containment room (how do you get the paper out?) one innovative solution is to use a small mobile docking isolation cart (glove box) that contains paper and writing instruments.
- From Tradeline’s 2006 Internation...
| | 3.20.06
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The Biodesign Institute at Arizona State University has been named 2006 Laboratory of the Year by R&D Magazine. The annual "Lab of the Year" competition by R&D magazine includes industrial, government and academic laboratories across the...
| | 3.2.06
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2009: Jul 2008: May Apr Mar Feb Jan 2007: Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb 2006: Nov Oct Sep Jul May Apr Mar Jan 2005: Dec Nov Sep Aug May Apr Mar 2004: Dec Nov Aug Apr
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