How can you identify capital improvement needs for new and rehabilitations projects? Please explain.

Solutions

Expert Solution

Capital Improvement is an addition of some aspect to a property that will enhance the property's overall value. It also enhances the useful life of the property. Individuals, businesses and cities can make capital improvements to their property. Capital improvement projects and rehabilitation projects increases the market value of the property beyond its present state.

Identification of capital improvement needs for new and rehabilitation projects:

Capital improvement needs must be identified on the basis of the resources available.
Capital improvement needs are identified taking into consideration the requirements of the end users for whom the project is developed.
Consideration of many aspects such as the land acquisition required for the project, purchases of the equipment's and machinery required, the technical and technological infrastructure needed for the new project.
Analysing the minimum expenditure thresholds, minimum useful life and other related requirements.
Bifurcate between the capital expenditures and maintenance expenditures inorder to have proper accounting of repair / maintenance and capital improvement projects.
Analyse the phases of capital budgeting such as capital planning, capital budgeting development and execution, capital financing and asset management.
Identify and examine current and future infrastructural needs of the projects.
Identify the potential fiscal implications.

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

1. Please explain how creation of new needs (artificial needs) in capitalism opposes the real needs...

1. Please explain how creation of new needs (artificial needs) in capitalism opposes the real needs of humans and nature. Please also relate constant creation of new needs with coronavirus pandemy.

Weight Loss as a current health status that needs improvement *. Identify exactly what you will...

Weight Loss as a current health status that needs improvement *. Identify exactly what you will need to do in order to improve on weight loss * After you identify your implementation plan, the next step is to implement it. * After implementing your plan, your next step is to determine whether or not your plan is working, and if needed, revise it so it works better. As part of this assessment, you should identify unexpected barriers to successful implementation...

Can you please Identify and explain the 10 key factors of leadership.

How can a manager determine whether his or her firm needs improvement in control? If improve-...

How can a manager determine whether his or her firm needs improvement in control? If improve- ment is needed, how can the manager tell what type of control needs improvement (operations, financial, structural, or strategic)? Describe some steps a manager can take to improve each of these types of control. 6. Identify characteristics of effective control, why people resist control, and how managers can overcome this resistance. • One way to increase the effectiveness of control is to fully integrate...

How can CMMI be used to identify and reconcile process clash? Please explain.

Arlington is the financing of two capital improvement projects to prepare for a third World Series....

Arlington is the financing of two capital improvement projects to prepare for a third World Series. They are (i) street paving in central Arlington and (ii) the improvement of traffic signal lights and street signs in central Arlington. These two projects will cost a total of $400 million and will be funded by a loan from a bank and a loan from an insurance company. The bank will loan any amount of money at the interest rate 3%. The insurance...

How can barriers to process improvement, such as staff reluctance to change, lack of capital, technological...

How can barriers to process improvement, such as staff reluctance to change, lack of capital, technological barriers, or clinical practice guidelines, be overcome?

Chapter 5 Recording Capital Asset Transactions Street Improvement Capital Projects Fund and Governmental Activities at the...

Chapter 5 Recording Capital Asset Transactions Street Improvement Capital Projects Fund and Governmental Activities at the Government-wide Level During late 2016, the voters of the City of Smithville authorized tax-supported bond issues totaling $8,000,000 as partial financing for a series of projects to construct streets, curbs, culverts, and storm sewers in various parts of the city. The estimated total cost of the series of projects, which are expected to extend over the next three years, was $10,200,000. In addition to...

Can you please explain how to get the primers?

There are many examples of improvement projects conducted by healthcare organizations that can be found on...

There are many examples of improvement projects conducted by healthcare organizations that can be found on the Internet. Here are just a few websites where improvement project descriptions may be found: •Institute for Healthcare Improvement . •Clinical Microsystems, The Dartmouth Institute . •Quality Improvement Organizations provides a list of individual websites Other sites providing project examples can be located using search engines and keywords such as PDSA, CQI, TQM, and healthcare improvement. Identify two projects, each using a different improvement...

Subjects