+234 813 0686 500
+234 809 3423 853
info@grossarchive.com

Risk Assessment & Management in Outsourcing of Facilities Management Services.

  • Type:Project
  • Pages:85
  • Format:Microsoft Word
(Business Administration and Management Project Topics & Materials)

INTRODUCTION

Facilities management (FM)  adds value  to  organizations  in a variety  of  ways.  For instance, FM offers an integrated approach to maintaining, improving and adapting the buildings and other infrastructure of an organization in order to create an environment that strongly supports the primary objectives of the organization  (SFMS, 2006). Cotts and  Lee  (1992)  describe  FM as  an  essential  business  function  affecting  not  only revenues and costs but production, quality of life for employees, health and safety, the work  environment,  and  increasingly,  the  ability  to  recruit  and  retain  employees.  In addition,  Connors (2003) observes that when  FM is practiced properly, the following benefits accrue to the company:-

1.  Facility strategic plans match corporate strategic plans, ensuring the use of FM initiatives to achieve corporate objectives


2.   Space is available when and where needed

3.  Capital expenditures are planned and controlled

4.   Costs are minimized, and sometimes avoided.



Three approaches exist for the provision of part or whole of FM services: out-sourced, in-house or a hybrid of both: Atkin and Brooks (2005) argue that the approach taken depends  on  the priority set  by the  organization  for the  services  to  be provided.  In lending further support, Barrett (1995) opines that some organizations favour a totally in-house option, while others literally contract out every service possible, yet others use a combination of both.


From  a  contractual  perspective,  outsourcing  is  a  service  commissioned  from  an external   supply   orqanization..  particularly   on  the   basis  of   a   formal  contractual arrangement   based  upon  the  terms  and  conditions  derived  from  a  service-level agreement  (Barrett and  Baldry, 2003).  Hiemstra  and Van  Tilburg  (1993) add to this view by  opining  that outsourcing  is the  subcontracting  of custom-made  articles and construction, such as components, sub-assemblies, final products, adaptations andl or services to another company.


TABLE OF CONTENTS

Content Page

Title page i

Certification ii

Dedication iii

Acknowledgement iv

Declaration v

Abstract vi

Table of Content

vii

Chapter  One: Introduction

1.1 Background of the study

1.2 Statement of the Research Problem

1.3 Objectives of the study

1.4 Research Hypothesis

1.5 Scope and Limitations

1.6 Significance of the Research Findings


Chapter Two: Literature Review

2.1 Introduction

2.2 Historical Background of facilities management outsourcing

2.3 FM in context

2.4 Classification of FM works

2.5 FM functions

2.6 Underpinning the selection of outsourcing or in- house FM approach

2.7 What is Outsourcing?

2.8 Concept of outsourcing of facilities management

2.9 FM functions suitable for outsourcing

2.10 Advantages and disadvantages of outsourcing

2.11 Potential negative outcomes of outsourcing

2.12 Outsource risk analysis

2.13 outsource risk management

2.14 When is risk assessment needed?

2.15 The FM value proposition

2.16 FM outsource risk explored

2.17 Risk management

2.18 Outsource risk management framework

2.19 Implementing risk management


Chapter Three: Research methodology

3.1 Introduction

3.2 Research methods

3.2.1 Descriptive research

3.3 Population of the study

3.4 Sample or sampling design

3.5 Sources of data

3.5.1 The primary sources of data

3.5.2 The secondary sources of data

3.6 Methods of data collection

3.6.1 Interview 

3.6.2 Questionnaire

3.6.3 Observation

3.7.1 The chi – square (x2) test

3.7.1.1Cross tabulation or contingency table

3.7.2 Percentage

3.8 Justification of the techniques

3.9 Summary


Chapter Four: Data Presentation and Analysis

4.1 Overview

4.2 Test of hypotheses

4.3.1 Decision rule

4.4 Discussions of findings

4.5 Summary


Chapter Five: Conclusions and Recommendation

5.1 Conclusions

5.2 Implications of the findings to FM industry practice

5.3 Recommendations for further study

5.4 Reference

Risk Assessment & Management in Outsourcing of Facilities Management Services.

Share This

Details

Type Project
Department Business Administration and Management
Project ID BAM2181
Price ₦3,000 ($20)
No of Pages 85 Pages
Format Microsoft Word

500
Leave a comment...

    Details

    Type Project
    Department Business Administration and Management
    Project ID BAM2181
    Price ₦3,000 ($20)
    No of Pages 85 Pages
    Format Microsoft Word

    Related Works

    INTRODUCTION Facilities management (FM) adds value to organizations in a variety of ways. For instance, FM offers an integrated approach to maintaining, improving and adapting the buildings and other infrastructure of an organization in order to create an environment that strongly supports the primary objectives of the organization (SFMS, 2006).... Continue Reading
    ABSTRACT  Increased urbanisation in Lagos State has brought about the challenges of inadequate housing for individuals and the State as a whole. This research study aimed at appraising users' satisfaction level on facilities management services provided in typical condominium apartments in Lagos... Continue Reading
    IN UNION BANK NIGERIA PLC, KADUNA ABSTRACT The study examines risk management and Credit Administration in Union Bank Plc, Kaduna. The research questions that guided this study were: How is risk managed in Union Bank? What are the constraints militating against risk management and credit... Continue Reading
                  AN ASSESSMENT OF RISK MANAGEMENT AND CREDIT ADMINISTRATION IN BANKS  CHAPTER ONE INTRODUCTION 1.1    Background of the Study Risk Management is the identification assessment and prioritization of risks. It is the effect of uncertainty on objectives, whether positive or negative followed by coordinated and economic of... Continue Reading
    597 articles were reviewed, 426 did not comply with the exclusion criteria and were rejected. 171 articles were accepted as evidence. The results show an emerging evidence base for CAMBRA in support for the viability of assessing the risk factors: Saliva flow; Salivary counts of S. mutans and Lactobacilli; Frequency of fermentable carbohydrate... Continue Reading
    2.1   Introduction The literature covers extract from source documents in line with the objectives of the study. The literature shall be segmented into the following sub themes. The concept of risk management in commercial banks, concept of credit administration,... Continue Reading
    597 articles were reviewed, 426 did not comply with the exclusion criteria and were rejected. 171 articles were accepted as evidence. The results show an emerging evidence base for CAMBRA in support for the viability of assessing the risk factors: Saliva flow; Salivary counts of S. mutans and Lactobacilli; Frequency of fermentable carbohydrate... Continue Reading
    (A case study of Leadway Assurance Company. Plc. Kaduna TABLE OF CONTENTS Title page    -        -        -        -        -        -        -        -        -        -        i... Continue Reading
    : The construction industry requires continuous evaluation and formulation of risk management index, but Nigeria is yet to introduce a risk rating tool for the industry. This paper therefore assessed risk management practice in Nigeria construction industry and establishes Risk Management Index (RMI). Structural questionnaire were administered to... Continue Reading
    ABSTRACT The study examines risk management and Credit Administration in Union Bank Plc, Kaduna. The research questions that guided this study were: How is risk managed in Union Bank? What are the constraints militating against risk management and credit administration? What are the solutions to the identified problems. The survey method was used... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us