METHOD AND TOOL FOR ISOLATING A COMPONENT OF AN ASSET FOR INDIVIDUAL SCRUTINY

摘要

#$%^&*AU2019200744A120190829.pdf#####This invention provides a method of and a tool for preparing a detailed breakdown of capital works items within an asset, such as fixed property, so that a component can be isolated for treatment separately from the asset as a whole. The invention extends to a method of predicting which components in an existing building will require removal and replacement, or renovation prior to a stipulated statutory term for tax purposes, the method comprising steps of accumulating historical data on components that have been renovated after original constructions in a plurality of buildings. The invention includes a quantifying tool configured for breaking down a monetary cost of constructing a real estate asset made up of a plurality of component parts into construction costs attributable to selectable individual components, the tool comprising computation device and a plurality of computer-executable instructions that, when run by a processor associated with the device, perform the methods above.SHEET 1 / 7 10 12 - IDENTIFY ASSET PREMISES AND COMPONENT 14-INSPECT 16 - CLASSIFY 18 - DETERMINE CONSTRUCTION COST 20- APPLY RATIO 22 - GENERATE REPORT FIGURE 1