Abstract:
Maintenance costs in public university buildings are increasing every year. Building maintenance activities have become increasingly crucial and the management of building maintenance must be in an effective way as an attempt to reduce the expenditures. The expenditures of public university building facilities maintenance are based on fund allocation from the government operating expenditure and thus, the effective way of achieving cost reduction and optimization, became necessary. Life cycle cost (LCC) approach was suggested by several government bodies in producing a better cost management in public asset management. The components of building facilities have variation of the life cycle which leads to the complication of LCC. Therefore, one of the shortcomings in implementing LCC on building facilities is lacked of common process and activities. The conceptual framework of activity-based life cycle cost (ABLCC) of building facilities maintenance in public universities is proposed to effectively manage the cost management of building facilities maintenance. ABLCC approach can signify the activities’ cost components which explain the cost of building facilities activities. As building facilities is considered as at facilities level of activity based costing (ABC), the determination of the cost activities and cost drivers is important in order to formulate the process model of ABLCC. Establishment of the process model of ABLCC can reduce the complexity of implementing LCC for effective building facilities maintenance planning.
