Difference between revisions of "AFE"

Latest revision as of 09:35, 6 December 2018

AFE - Authority for CAPEX expenditures.

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 ==AFE==
-Authority for [[CAPEX]] expenditures.
+[[AFE]] - Authority for [[CAPEX]] expenditures.
-[[PO]] is attached to [[AFE]].
+===AFE life cycle===
+#[[AFE]] is created for [[CAPEX]] projects by the [[AFE]] Owner.
+#[[AFE]] is approved in accordance with the [[Approval Process]].
+#[[PO]]s are created and attached to [[AFE]] to order things for the project.
+#[[Invoice]]s are attached to the [[PO]]s to pay for the ordered things.
+#Project finished, [[AFE]] closes
+#[[AFE]] actual duration is compared with planned duration
+#[[AFE]] actual cost is compared with planned cost
 ===AFE Attributes===
 *Number
-*Status (Project/Open/Closed/Suspended)
 *Code
-*[[CAPEX code|CAPEX]]
+*[[CAPEX|CAPEX code]]
 *Description
-*Total cost
+*Total Cost free of VAT
-*Issue Date
+*Total Cost incl. VAT
-*Approval Date
 *Project Start Date
 *Project Finish Date
 *Attached files
+===AFE Status===
+*Status: Open/Closed
+*[[Approval Status]]
+*Budgeted: yes/no
+===AFE Authorization===
+<table border="1" >
+ <tr><td>Sum</td><td>Budgeted</td><td>Unbudgeted</td></tr>
+ <tr><td>0-100</td><td>[[Authority Levels]]</td><td>[[Authority Levels]]</td></tr>
+ <tr><td>100-200</td><td>[[Authority Levels]]</td><td>[[Authority Levels]]</td></tr>
+ <tr><td>etc</td><td>[[Authority Levels]]</td><td>[[Authority Levels]]</td></tr>
+ </table>
 [[Category:E&P Finance]]
+{{#seo:
+|title=AFE
+|titlemode= replace
+|keywords=AFE
+|description=AFE - Authority for CAPEX expenditures.
+}}