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|Operating Costs (OpEx)
|Also referred to as "Operating
Expenses" or "opEx".
The day-to-day expenses incurred in running a building or facility and all its physical assets, including:
Examples of Operating Costs:
Listed below are some typical examples of operating costs:
Attributes of Operating Costs:
Operating costs generally have the following attributes:
Analysis of Operating Costs:
The following asset management concepts provide further insight into operating expenses:
total cost of ownership (TCO) of a building.
Management of Operating Costs:
Fig. Annual landscape maintenance is an example of an operating cost.
Fig. Window washing is an example of a typical annual operating cost.
Fig. Meetings of the owners are a an operating expense.
Fig. Distribution of annual routine maintenance costs across the different systems of a building.
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