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Corrective taxes bring the allocation of resources closer to the social optimum and thus improve economic efficiency.
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Depending on the age and condition of the commonly owned real estate assets, the board may decide to bring all assets up to a maintenance standard.If the condominium is a new development, the developer should recommend a maintenance schedule with a list of tasks.Another option is to produce a maintenance schedule from the reserve study.Given a base line, then the board can develop a preventative maintenance schedule with a list of tasks, resources, inspections and approvals.The preventative maintenance schedule, once defined, must be tracked and documented. Ultimately, this is the work of the board.
3 develop incident, 1 identifies, and assigns, 4, tracks resources, 5 orders the resources needed, 2 procures and pays for resources
The maintenance of the security system involves periodic checks of all the elements that make up the installation (cameras, detectors, computers, circuits, lighting systems, etc.) to verify that they work well. Next, systems that are not functioning properly would be corrected or repaired (corrective maintenance).
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A firms resources identifies its capabilities. Resources are the productive assets owned by the firm and capabilities speak to what the firm can do with those resources. Why the firm needs them? Without resources the the firms capabilities are limited.
PROBLEM, PLAN, PEOPLE, PARTS, TIME, TOOLS, AND TRAINING (P4T3) is a planning concept allowing commanders, leaders, and maintenance personnel to coordinate and plan the personnel and resources required to perform maintenance. Using the P4T3 concept streamlines maintenance operations and normally saves time and resources.