MAINTENANCE PLAN FOR HOSPITAL

Running head: MAINTENANCE PLAN FOR HOSPITAL
Maintenance plan for hospital
Name of the Student
Name of the University
Author Note

MAINTENANCE PLAN FOR HOSPITAL
1
Table of Contents
1. Introduction............................................................................................................................2
2. Background............................................................................................................................2
3. Maintenance budget...............................................................................................................3
4. Budget Plan............................................................................................................................4
5. Equipment replacement and upgrading..................................................................................6
6. Resources required.................................................................................................................7
7. Review of rental and existing lease and upgrading (building regulations)............................8
8. Conclusion..............................................................................................................................9
9. References............................................................................................................................11

MAINTENANCE PLAN FOR HOSPITAL
2
1. Introduction
A maintenance plan is defined as the plan which is very much beneficial for a
business organization to maintain the security of the assets of the business (Salah, Osman and
Hosny 2018). Maintaining a professional surrounding environment is one of the prime
responsibilities of the facility manager (Sahamir et al. 2017). Maintenance plan is very much
significant to avoid the downtime cost of a project. Reduction of the repair cost is one of the
other advantages of reviewing a maintenance plan (Olanrewaju, Fang and Tan 2018).
This report shall be reviewing the maintenance plan of a 20-year-old healthcare
industry of Singapore. The budget plan of this project shall be identified in this report, this
report shall also focus on the scheduling of activities like equipment replacement and review
the rental and existing lease. The building regulations of Singapore shall also be identified in
this report which is very much useful to deal with the irregularities in terms of maintenance
of the buildings. This report shall be reviewing the maintenance plan from the perspective of
a facility manager.
2. Background
Mount Westley Hospital is one of the most reputed healthcare organization in West
Singapore. The main building of this healthcare industry is 20 years old and the facilities are
getting old. Hence the maintenance policy of this private healthcare industry is needed to be
revised in accordance with the maintenance budget, equipment replacement and review of the
rental and existing lease. The senior management team of this small healthcare organization
has asked the facility manager of this project to review the maintenance policy. Reviewing
the maintenance policy is very much required in order to improve the business reach and the
net profitability of this business.

MAINTENANCE PLAN FOR HOSPITAL
3
3. Maintenance budget
It is defined as the type of budget which is allocated in a project and helps the facility
manager of a project to distribute the total allocated resources among the stakeholders of the
project (Sánchez-Barroso and Sanz-Calcedo 2019). The total budget which is allocated for
this project is $500000 SGD. The financial resource of this project shall be distributed among
each of the resources who will be actively involved in the project. Huge amount of additional
cost for this project, as the prices of the equipment and resources involved in the project are
very much dynamic in nature (Jawab, Frichi and Boutahari 2018). The following pictorial
illustration shall be identifying the Net Present Value year wise for this project.
Figure 1: NPV of all cost of this project
Source: Created by author
Thus, considering the 8% discount rate of this project and one time cost of $490920
SGD, NPV of all the costs involved in the project is $2946779.11 SGD.