BSB001 Project-D Task-1

1. List the details of the product or service you have chosen to investigate for this
assessment task.

 Install ink saving printers for business.

 Initial investment = Eight printers – 6000$
 Total investment – 6500$ 
 Disposal of old printer- 500$
 Reduce ink usage cost. - 1800$
 Less annual maintenance. - 400$ 
 Net savings – energy cost reduction – 1200$
 Total net saving: 3400$
 Water
 Waste 
 Energy (Electricity)
///// The service I have chosen to investigate for this assessment task :

 Become involved in community.

 Change to eco-friendly office lighting.
 Encourage employees to use public transportation.
 Perform an energy audit to identify resource and cost savings opportunities.

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Install water recycling unit . 
Water recycling is the process of treating waste water and reusing it. Recycled water
can be reused for the same process, for irrigation or as an alternative to mains water in
wash-down applications. Water recycling systems will vary according to the quality of
waste water to be treated and the intended application for the water.
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Water recycling 
Water reuse (also commonly known as water recycling or water reclamation) reclaims
water from a variety of sources then treats and reuses it for beneficial purposes such as
agriculture and irrigation, potable water supplies, groundwater replenishment, industrial
processes, and environmental restoration.

2. When calculating the full cost and savings of your purchase, what should you consider?

3. Water savings/costs including disposal costs such as trade waste.

4. Ongoing maintenance and repair costs.
5. Operating grants or subsidies that may apply.
6. Full cost of capital assets including the installation costs.
7. Energy savings/costs, and consider carbon impacts.

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• Full cost of capital assets including the installation costs 

• Ongoing maintenance and repair costs 
• Costs of making alternations to site or existing capital assets 
• Training and consultancy costs specific to the project or use of the asset. When
calculating savings, think about environmental assets such as: land, water areas and
ecosystems, subsoil and air. Remember to include the following. 
• Energy savings/costs and consider carbon impacts 
• Water savings/costs, including disposal costs, such as trade waste 
• ‘Hidden’ costs, such as: raw materials wasted, process and labour time wasted,
maintenance, legal costs and public image 
• Operating grants or subsidies that may apply .

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Non-reimbursable expenses, plus the overall expenditure, equals to the total annual
costs. The total annual costs divided by the number of billable days equals  cost of doing
business

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 Energy savings/costs and consider carbon impacts 

Water savings/costs, including disposal costs, such as trade waste 
‘Hidden’ costs, such as raw materials waste, process and labor time wasted,
maintenance, legal costs, and public image 
3. What is the ‘payback period’? Explain what it means.

Payback period means the time it takes to pay off the investment cost. This is the period of time
it takes for the cost of a sustainability initiative to be covered by the savings it generates. A
shorter payback period means a more attractive investment.   

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The payback period refers to the amount of time it takes to recover the cost of an

investment or the length of time an investor needs to reach a break-even. 

Work out on the difference (increase) between the two numbers you are
comparing after that divide the increase by the original number and multiply the
answer by 100. % increase = Increase ÷ Original Number × 100. 
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This is the period of time it takes for the cost of a sustainability initiative to be covered by the
savings it generates.

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The payback period is the time required to recover the initial cost of an investment. It is the
number of years it would take to get back the initial investment made for a project.
4. Calculate the payback period for the product or service you have investigated.

Initial investment
$
Purchase of 12 air dryers and installation costs
16,800

 Repairs costs (walls patched and painted)

2,560  
Total costs
19,360 
Net savings
 ($ per annum)
 Cost savings of paper towel no longer used
4,000 
 Cost savings for disposal of paper towel
600 
 Reduced bathroom cleaning costs
800 
 Less increased electricity costs
(1,100)  
Total net savings
4,300 
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Automatic correction based on previous attempts

Question 4
Complete
Mark 1.00 out of 1.00

Question text

Calculate the payback period for the product or service you have investigated.

Initial investment $

 Change current water system in work place $95

 Installation for new recycling unit $270

Total costs $365

Net savings ($ per annum)

 Saving cost of efficient unit ($0.5 per day) $200

 saving cost of new unit ($0.5 per day) $200

Total net savings $400

Payback Period:365/400=0.9125 year

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Initial investment $
Purchase of 12 air dryers and installation costs 16,800
Repairs costs (walls patched and painted) 2,560
Total costs 19,360
Net savings ($ per annum)
Cost savings of paper towel no longer used 4,000
Cost savings for disposal of paper towel 600
Reduced bathroom cleaning costs 800
Less increased electricity costs (1,100)
Total net savings 4,300

Payback period (19,360 / 4,300) = 4.5 years (rounded down)

5. List two aims of sustainable purchasing or procurement.

 To ensure that suppliers use fair, ethical and sustainable practices.

 To avoid unnecessary consumption. Question whether goods or services need to
be purchased.

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 Typical sustainable procurement practises include compliance with

environmental laws and targets
  The removal of hazardous materials and waste in the supply chain and the
thorough vetting of suppliers for fair labour practises

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1. To ensure the supplier use fair,ethical and sustainable practices. 

2. To avoid unnecessary consumption,question weather goods or services need to be
purchased.
6. What six steps are recommended in the Sustainable Procurement Guide?

1. Identify the business need

2. Conduct a risk assessment
3. Seek and evaluate alternative solutions
4. Award the contract 
5. Ongoing management of the contract
6. Disposal of goods
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Step-1: Mark the business need.
Step-2: Conduct a risk Evaluate.
Step-3: Search and assessment alternative solutions.
Step-4: Provide the contract.
Step-5: Running management of the contract.
Step-6: Disposal of goods Conduct
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 Increasing Cost Savings.

 Building Superior Capabilities That Create Value.
 Driving Change Through Cross-Functional Collaboration.
 Implementing A Centralized Inventory Management System.
 Measuring Supplier Performance.
 Linking Processes with Technology.

7. List three websites, government departments or other sources you can access for
help and information on sustainable purchasing.

 Company websites
 www.sustainabilitywa.com.au
 www.environment.gov.au

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1. Good Environmental Choice Australia www.geca.org.au

2. Ecospecifier www.ecospecifier.com.au 
3. Eco Buy www.ecobuy.org.au/ecofind