Life Cycle Cost Management of Fixed Assets in Chinese Power Grid Enterprises

DOI

10.2991/iceemt-18.2018.59How to use a DOI?

Keywords

Power grid enterprise; fixed assets; life cycle; cost management

Abstract

Power grid enterprises are asset-intensive enterprises. At present, high life cycle cost of fixed assets is an important factor that restricts the fixed assets’ efficiency and economic growth of power grid enterprises. The characteristics of fixed assets in grid enterprises bring many difficulties to the management of fixed assets in grid enterprises. The traditional cost management mode of fixed assets is difficult to adapt to the needs of new forms of operation and management. Based on the status of cost management and existing problems of cost management in Chinese power grid enterprises, combining with the internal and external factors such as the characteristics of power grid enterprises, this paper analyzes the reasons why the cost of fixed assets in the whole cycle is difficult to control and introduces the concept of whole life cycle cost management of fixed assets. Suggestions on cost management of fixed assets in power grid enterprises are put forward.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Yuanyuan Wang
PY  - 2018/12
DA  - 2018/12
TI  - Life Cycle Cost Management of Fixed Assets in Chinese Power Grid Enterprises
BT  - Proceedings of the 2018 3rd International Conference on Education, E-learning and Management Technology (EEMT 2018)
PB  - Atlantis Press
SP  - 307
EP  - 311
SN  - 2352-5398
UR  - https://doi.org/10.2991/iceemt-18.2018.59
DO  - 10.2991/iceemt-18.2018.59
ID  - Wang2018/12
ER  -