Teaching and ResearchCopyright: IPE
The low-budget households of the federal, state and local governments force those responsible to take comprehensive control of all cost-influencing factors that have a negative impact on the total amount of their investments. The operating and repair costs of public buildings correspond to a large part of the real estate-related expenses and thus represent significant cost blocks for realizing potential savings.
In order to achieve the cost-effectiveness required in the planning and management of buildings by the institutional side, it is first necessary to develop cost-benefit analyzes for various alternative courses of action and to introduce these into the decision-making process in the context of real estate project development. In addition, as the building lifecycle progresses, utility cost planning and benchmarking become critical to the ongoing monitoring and control of real estate-related effort. For municipal real estate management, reliable usage cost forecasts and assessments are still a considerable challenge in practice.
At this point, the research work "Occupancy Cost Planning and Benchmarking - A Survey for Public Real Estate Management" - Oldenbourg Verlag starts by examining the relevant cause-effect relationships between the costs of use and their underlying influencing variables using the example of around 130 school systems in Germany. The empirical work names and quantifies the relevant causes for differences in the operating and repair costs and provides differentiated cost parameters. Numerous application examples also illustrate the implementation of research results for a variety of purposes in the context of usage cost planning and benchmarking.