that changes over time as a result of a changes in physical variables and/or financial variables. Dynamic data may form part of a living document.
A. Physical Analysis
B. Financial Analysis
Listed below are some examples of financial data:
Listed below are some examples of physical data changes:
Data can be made dynamic through a number of means, including:
- Aging of the assets in a building in terms of effective age and chronological age
- Deteriorating condition of the assets in a building.
- Facility condition index (FCI)
Dynamic data must consider the following concepts: