Difference between revisions of "AFE"

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[[AFE]] - Authority for [[CAPEX]] expenditures.
 
[[AFE]] - Authority for [[CAPEX]] expenditures.
  
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[[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 [[Authority Levels]].
 +
#Money spent based on [[PO]]s attached to [[AFE]].
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#Project finished, [[AFE]] closed
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#[[AFE]] actual cost is compared with planned cost
  
 
===AFE Attributes===
 
===AFE Attributes===

Revision as of 12:18, 30 January 2017

AFE

AFE - Authority for CAPEX expenditures.

AFE life cycle

  1. AFE is created for CAPEX projects by the AFE Owner.
  2. AFE is approved in accordance with the Authority Levels.
  3. Money spent based on POs attached to AFE.
  4. Project finished, AFE closed
  5. AFE actual cost is compared with planned cost

AFE Attributes

  • Number
  • Code
  • CAPEX code
  • Description
  • Total Cost free of VAT
  • Total Cost incl. VAT
  • Project Start Date
  • Project Finish Date
  • Attached files

AFE Status

AFE Authorization

SumBudgetedUnbudgeted
0-100Authority LevelsAuthority Levels
100-200Authority LevelsAuthority Levels
etcAuthority LevelsAuthority Levels
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