RISK ASSESSMENT & MANAGEMENT IN OUTSOURCING OF FACILITIES MANAGEMENT SERVICES.


For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

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.
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

Details

Type Project
Department Business Administration and Management
Project ID BAM2181
Fee ₦5,000 ($14)
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 It is rare these days to see advertisement broadcast on television without women playing prominent ant visible roles.  Such roles range from complementary, subjective, subordinate to major actors in most television advertisements.  Women’s role in Television advertisements have hitherto generated series of controversial arguments both... Continue Reading
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... Continue Reading
ABSTRACT Diabetes is a chronic disease that leads to high morbidity and mortality resulting from the complications that develop during its clinical course. Genitourinary complications being one of the complications of diabetes occur when the genital and urinary organs no longer function properly. This study aimed at determing risk factors of... Continue Reading
ABSTRACT Diabetes is a chronic disease that leads to high morbidity and mortality resulting from the complications that develop during its clinical course. Genitourinary complications being one of the complications of diabetes occur when the genital and urinary organs no longer function properly. This study aimed at determing risk factors of... Continue Reading
Abstract Agricultural and commerce bank was established for the purpose of boosting the practice and produce in Agricultural. However, agriculture falls as catastrophic product and as such as affected its finances by the prescribed bank. The cross sectional survey design was applied in the study. The simple random sampling was applied in the... Continue Reading
Abstract Agricultural and commerce bank was established for the purpose of boosting the practice and produce in Agricultural.  However, agriculture falls as catastrophic product and as such as affected its finances by the prescribed bank.  The cross sectional survey design was applied in the study. The simple random sampling was applied in the... Continue Reading
ABSTRACT This research effort sets out to examine the stylistic features employed by Niyi Osundare in the poems, “the Language of Pain”, “Death Came Calling”, “with the Nib of a Borrowed Pen”, “The weeping Book”, and “The Lake came to my House”, culled from the anthology titled “A City Without People”. It also aims at... Continue Reading
ABSTRACT This research was conducted on “Assessment of Solid Waste Disposal Practices in Majidadi ‘B’ ward in the Bauchi metropolis” aimed at assessing the nature and the methods used by the users of the area, which was first carried out through survey with the use of structured questionnaires to some persons chosen from the study area.... Continue Reading
ABSTRACT This research was conducted on “Assessment of Solid Waste Disposal Practices in Majidadi ‘B’ ward in the Bauchi metropolis” aimed at assessing the nature and the methods used by the users of the area, which was first carried out through survey with the use of structured questionnaires to some persons chosen from the study area.... Continue Reading
Call Us
whatsappWhatsApp Us