Total Occupancy Cost (TCO) ($/area) metric

Determines or compares building cost efficiency based on building area.

Details of the metric	Description
Name	Total Occupancy Cost (TCO) ($/area)
Category	Financial
Analysis objective for exception conditions	Determines which buildings have good or poor cost efficiencies. Determines which particular building's occupancy costs are causing the inefficiencies. Uses time trend analysis to compare seasonal peaks, anomalies, or trends.
Description	Facilitates internal trend analysis and external benchmarking by equating operational costs as a function of the area managed. The occupancy cost is evaluated as an overall total cost of operations, at the subcomponent level, and at the various operations processes which are represented by cost codes in IBM® TRIRIGA®.
Source	IFMA, BOMA, APPA
Measurement	(Total Operating Cost + Cost of Providing Fixed Asset) / Total Rentable Area
Dependent data that is calculated	Financial Summary Object provides summary data for operating costs Area: Building Rentable Area (in square feet or square meters) The Fact table also captures Gross and Usable area values.
Roles	EN Workplace Executive FA Move Manager/Planner FA Space Manager/Planner OP Executive
Display chart types	Value-based: Horizontal Grouped Bar Chart (Capture Period: Vertical Grouped Bar Chart) Score-based: Horizontal Stacked Bar Chart (Capture Period: Vertical Stacked Bar Chart)
Thresholds	Low Threshold: $5/RSF High Threshold: $12/RSF Range 1: Low/Caution/Yellow Range 2: Medium/Positive/Green Range 3: High/Negative/Red
Fact details	Module: triMetricFact Business Object: triBuildingFact Metric Queries: triBuildingFact - Metric - Total Occupancy Cost ($ / Area) Metric triBuildingFact - Metric - Total Occupancy Cost ($ / Area) Metric (Score)
Drill paths	Geography Location Capture Period
Interactive filters	Geography Location Time Building Class Building Tenure (Lease/Own) For US Federal Government: Geography Location Time Real Property Type Real Property Use Mission Dependency Legal Interest Building Tenure (Lease/Own)
Static filters	Active Buildings
Time	Months
Data point refresh rate	Monthly After month-end close and scheduled load of financial data