Total life-cycle costs include initial design, construction, operations, maintenance, renovation, and demolition. 80% of a building’s life-cycle costs are associated with Operation & Maintenance (O&M). A well-developed strategic O&M Plan will define and communicate best management practices (BMPs) for an organization.
A strategic O&M Plan provides guidance for decreasing life-cycle O&M costs, extending the lifespan of facility, reducing response times to facility issues, improving personnel satisfaction levels, etc. The Plan is not a static tool, but a living document that is consulted and regularly updated. It serves as a primary tool for communicating O&M strategies and desired outcomes.
Learn more... https://www.wbdg.org/facilities-operations-maintenance/operation-maintenance-planning