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How might knowledge of equipment lifetimes affect maintenance decisions? What are the important considerations in purchasing major equipment for hotels?

How might knowledge of equipment lifetimes affect maintenance decisions? What are the important considerations in purchasing major equipment for hotels?
Why is there a question sometimes on whether to allocate expenses to operating budgets (POM) or capital expenses (CAPEX)? How would you explain the difference between the two?
What types of emergencies would you plan for as a facility manager? What actions do you think we should be prepared for in an emergency?
what metrics or measurements do you think you would consider in determining the success, or ROI, of a renovation?

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