The OPEX (Operational Expenditure) or OpEx is the normal ongoing expenses for running a production, business, or system by which an organisation spends daily basis to keep going operations including the cost of workers and facility expenses, such as inventory costs, marketing, payroll, equipment, rent, R&D, advertising, and insurance. (Refer to the CAPEX (Capital Expenditure))
Related Definitions in the Project: The Project Cost; Economic Reviews; Operation and Maintenance
