Alternate Finance Program Essay Example | Topics and Well Written Essays - 7500 words

Alternate Finance Program - Essay Example The AFP program, in Ontario, also aims at procuring private sector involvement in the Design, Build, Finance and long term Facilities Management (FM) of these new public projects. The AFP process introduced the concept of post construction operation of buildings, to the building industry, an area where they hitherto had no significant expertise. A salient difference between the UK model and the AFP in Ontario is a contractual prerequisite for buildings to be accredited in accordance with the parameters set out in the LEED set of guidelines, Leadership in Energy and Environmental Design. These are a set of target driven design standards for producing "Green" or sustainable buildings. There is a swelling trend of looking at the outsourcing of non-core activities by a facilities management as an expert service provider. In this research, we would look at the hard facilities management; this expertise is discussed and provides credibility throughout this research as a fast emerging and strategic partnership role for FM professionals in building design development. The research details the existing roles and responsibilities of FM professionals and shows how they now must be merged into the design, build, finance areas along with their involvement in post construction process. My focus throughout the paper remains that the role of the FM practitioner must be that of a strategic partner to the construction consortium as their experience and expertise in managing the operation and maintenance of buildings is a necessity for successful AFP procurement and post construction execution. Last but not the least, this research involves resource material references, web articles, professional journals and interviews with industry professionals to support the hypothesis that FM Professionals are strategic to successful AFP projects. OUTLINE Chapter 1 Introduction U can add more definations if u think there is a requirement Chapter 2 Literature Review a) The role of facility management in alternative finance program design b) Sustainability and Maintenance in AFP c) LEED Accreditation, Energy and environmental issues Chapter 3 Situational analysis of Ontario It needs to be fixed Chapter 4 Methodology Why have you chosen this method of research Data analysis And add what I asked u to Chapter 5 Conclusion and recommendations Bibliography Questionnaires (whatever you have concluded from the questionnaire will go to data analysis.) Chapter 1: INTRODUCTION Would just suggest if u could add few quotes..it although have manysee for yourself Traditionally, Construction Companies never get involved at an operational level post warranty and the idea of long term responsibility for their product was sometimes new and unknown territory where they had little or no expertise. PPP arrangements are being embraced by different governments around the world, to promote collaboration between public and private sector. The ventures, which are financed and operated, through a partnership of government and involves one or may be more private sectors are referred as Public Private Partnership (PPP). "Any collaboration between public bodies, such as local authorities or central government, and private companies tends to be referred to a public-private partnership (PPP)." BBC (2003) Another definition by Pearce (n d.) will explain it further: "PPP exists where the public and private sector work together in a long term partnership to deliver a common

Business Economics Essay Example | Topics and Well Written Essays - 1500 words - 1

Business Economics - Essay Example As such, it is argued that, unemployment is directly related to economic growth of any given state or country. Consequently, economists argue that, unemployment is an issue that affects every state or country in the world with varying percentage rates (Srinivasan and Sivagnanam 2010). In light of this, the United Kingdom, the European Union and the United States of America are the three countries that have experienced major unemployment issues in the world. Essentially, the percentage rate of unemployment in these three countries has been in a close watch in for the last five years with major similarities and differences being displayed in this duration of time (McCord 2011). In January 2008, the percentage rate of unemployment was relatively similar in the United States of America and the United Kingdom with a variation of 0.1 % in the captured statistics. However, European Union experienced a higher percentage rate at 1.6% more as compared to UK and the United State of America mean ing that, in that year the EU was leading in percentage rate. In the beginning of 2009, the three countries experienced an increase in the percentage rate, where the rate in United Kingdom increased with 1.9 %, the European Union increased by 1.8%, and the United States of America increased by 3.6%. ... In addition, European Union moved from 8.6 % in the previous year to 9.7 % while the United States of America moved from 8.7% to 9.8%. In a general sense, between 2008 and 2010, the three countries have witnessed a significant increase in the rate of unemployment where each had a disparity of more than 2.0 %. In the beginning of 2011, the United Kingdom insignificantly reduced at 0.2%, the European Union increased insignificantly at 0.1%. However, the United States of America experienced a significant decrease of 0.9 %. The entry into the year 2012 saw a return of the two; United Kingdom and European Union countries into an increase mode. In contrast, the United States of American witnessed a constant decrease from the previous year. In January 2013, the overall percentage rate of the United Kingdom would best be described as fluctuation in terms of increase and decrease. In particular, the country had a decrease compared to the previous year. Layard, et al 2011 argues that, in relat ion to the United States of America, the unemployment level was at its highest of 9.8% in 2010, although the rest of years were covered by a fluctuation between 5.1% and 7.6%. Conversely, the European Union is the leading country among the three in the unemployment rate for the last six year where a significant increase has been noted, the United States of America comes in as the second while the United Kingdom is the last in line. The UK Domestic and International factors Causing Variation in Unemployment Rates in the UK, the EU and the USA Domestic Causing Variation in Unemployment Rates According to the graph, it is apparent that, the unemployment rate in the United Kingdom is relatively lower as