Which analysis would be most beneficial for ensuring a budget is appropriately allocated for facility maintenance?

Study for the Sport Facility Management Test. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Life-cycle cost analysis is particularly beneficial for ensuring that a budget is appropriately allocated for facility maintenance because it assesses the total costs associated with a facility throughout its entire lifespan. This includes not only the initial capital costs of construction but also ongoing operational and maintenance expenses, as well as costs related to eventual decommissioning or renovation. By evaluating costs over the life of the facility, managers can identify when maintenance is needed and allocate funds accordingly to avoid larger expenses in the future. This comprehensive view helps prioritize long-term financial planning and maintenance scheduling, ensuring that resources are allocated effectively to keep the facility in good working order.

The other analysis methods, while useful in their contexts, focus on different aspects. Cost-benefit analysis compares the expected costs of a project to the benefits it provides, which may not give a full picture of ongoing maintenance needs. Trend analysis looks at historical data to predict future outcomes but may overlook specific maintenance needs that arise over time. Process mapping visualizes workflows and processes but does not directly address budget allocations for maintenance. Thus, life-cycle cost analysis stands out as the most relevant tool for this specific budgetary concern.

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