Proceedings of the 2018 3rd International Conference on Education, E-learning and Management Technology (EEMT 2018)

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

Authors
Yuanyuan Wang
Corresponding Author
Yuanyuan Wang
Available Online December 2018.
DOI
https://doi.org/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.
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This is an open access article distributed under the CC BY-NC license.

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Proceedings
2018 3rd International Conference on Education, E-learning and Management Technology (EEMT 2018)
Part of series
Advances in Social Science, Education and Humanities Research
Publication Date
December 2018
ISBN
978-94-6252-624-2
ISSN
2352-5398
DOI
https://doi.org/10.2991/iceemt-18.2018.59How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

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  - 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  - https://doi.org/10.2991/iceemt-18.2018.59
ID  - Wang2018/12
ER  -