By Charles Smith
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Additional info for Creating a Trading Floor: The Project Manager's Guide to the Design, Construction and Launch of Trading Floors and Data Centers
That data should be recorded and passed to the head of department to confirm whether all the services will be required at the new location. Provision should be made for new staff members who will arrive before the operation of the new trading floor. The data should be cross-checked against the headcount information, and any variances investigated. If any of the existing equipment is obsolescent it is possible that equipment will be upgraded or ‘technology refreshed’ as part of the new project. Outline plans should be considered for the disposal of the replaced equipment and cancellation of any licences or leases.
Here are some examples: • • • • • • • • • • supplier negotiation; using second-hand equipment; using alternative technology from standard; leasing; payment by usage; using lower-specification equipment; reduced functionality; accepting lower resilience; reducing the business requirement; buying bundled services and equipment. Generally a cost reduction upfront leads to an increased ongoing or operational cost. This could involve financial charges, greater maintenance cost, reduced expansion capability or extra transaction costs.
If the main building cooling is not available continuously, you will need to consider having separate chilled water facilities to support the AHUs in the equipment room. Resilience needs In the past air conditioning was not seen as business-critical. If the system failed, the solution was to open a few windows, and the staff had to suffer discomfort for a while. However for a trading floor and the supporting equipment room the provision of air conditioning is essential. In choosing a building you need to establish quickly what resilience has been built into the base-build air conditioning.