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E321 Mind-map - Coggle Diagram
E321 Mind-map
Lifecycle of Vehicles
Planning and budgeting
Selection and Acquistion
Placing Vehicle In service
Operation and Maintenance
Decommission and Remarketing
Before placing vehicle in service
Vehicle modification approval
Certification of entitlement (COE)
Insurance
Vehicle marked for Safety
Factors that might affect acquisition decision
Corporate office
Funding Availability
Operational image
Selection and Acquisition
Defining of Vehicles specification
Acquisition of Vehicle
Selection of Vehicle
ISO 55000: Asset Management
Fleet lifecycle management can be affiliated to asset management.
international standard to help organization to effectively manage assets to optimize their lifetime value
Benefits of ISO 55000
an enhanced reputation
increase resilience and system reliability
improved regulatory compliance
improve financial reporting
significant cost saving
Types of Leasing arrangement
Open-ended lease
Closed-ended lease
Lifecycle Cost
Fixed
Taxes
Purchase loan
Insurance
License and permit
Depreciation
variable
Tolls
Labour
Maintenance
Spare parts
Fuel