Before the standard is imported into the system, the standard will have to first be formatted in a

“The costs of introducing a new standard, of course, include the out of pocket costs of converting to the new standard, the costs of processing and reporting the information required, and possible increases in audit cost…..But costs may also include disclosure costs, measured in terms of lost competitive advantage. Even harder to assess are the costs incurred by all parties in attempting to understand,

In my opinion ‘reusing of standards’ is a good idea. Off cause with about twenty years of history of EMR, this is not a case when everything new is well forgotten old; however the other proverb - why reinvent the wheel is a good fit for it. Existed standards can be utilized, if there is no technical problem. If the new system is not compatible and its’ use will require much more job to be done to integrate the standards, then vendor should decide how to meet client’s requirement. Use of existing standards is beneficial not only in terms of having ready the part of the job, but also in terms of

Data source – How would the firm collect this measurement information? Accounting system that will monitor price and quantity variance in the supplies the company uses in production.

Though standardization is good , but it has some cons. Also. Business would have to work with the acceptable technology standards as seeded functionality may not always work to sustain the business

It would be detrimental for a company to refuse compliance of Microsoft's new standard. This is another complaint of critics. That manufacturers had no other choice but to do what Microsoft said, out of fear of their own company losing profits.

Standardization: Set of predefined specifications, rules or features that manufactures or producers need to follow when they make/produce the products/goods or components of it. Example- MacDonalds set standardization for each of its menu items like size, weight, food value etc. So, each food item need to prepare according to predefined standard.

To facilitate model coordination and a collaborative project environment. Which would be achieved through regular BIM managers review meetings.

3) Even if EOQ system is in place there is necessity to physically count the inventory periodically in order to ascertain the accuracy of the system.

“ISO is commonly known as ‘International Organization for Standardization’, the ISO 9001:2000 standard is used for quality systems audited by outside auditors. This standard is applicable for manufacturing companies not only for software. This standard is given based on the documentation, design, production, testing, servicing and other processes.” (Testing Excellence.com, 2009).

Sattinen and Bradford stated that that BIM is compatible with estimating software like Innovaya composer, where the software converts the BIM files. It makes the files compatible with the estimation software like Timberline and the quantity data (Sattineni & Bradford, n.d). The Innovaya’s visual BIM and quantification products make the cost estimator to imagine entire building model in a 3D cost-oriented environment performs quantifications and finally adds up the construction data. According to Thurairajah

Although BIM proved its capability in design and construction phases, implementing BIM in FM can face some technology and organizational challenges such as “Diversity in BIM and FM software tools, and interoperability issues;” (Kiviniemi & Codinhoto, 2014, p. 666) and the resistant from some organizations to adapt new technologies. (Kiviniemi & Codinhoto, 2014, p. 666)current work processes and organizational structures should be adjusted to use BIM in FM, by training on the new software tools and process, also the organizations should assign responsible people for loading data into the database.

Performance standards are a very integral part in the underlying business operations of any firm. Competition, particularly from foreign entities is becoming more intense. As such, standards must be created in order for companies to maintain their competitive advantage over their peers in a particular industry. One only needs to look at the auto industry to see how a lack of standards and oversight can be a detriment to business. Many foreign firms, due to competition have entered into the auto market that was once dominated solely

Increasing pressure to improve performance of quantity surveying firms led to a need for applying new innovative sciences and solutions. Innovation with regards to quantity surveying is usually defined as technological and organizational improvements.

So there is a need for universal standard on these types of issues. Unless this

Universal Standards- Prothom Alo& the daily star are globally trusted repoting by google.this Bengali paper read by worldwide . this news portal have an odd feature, is the technical standard of the Internet, so to carry out the technical standard of e-commerce is shared by all countries around the world standard..The standard can make technology business existing become more easily, which can reduce the cost