Glossary

A (15) | B (9) | C (34) | D (20) | E (21) | F (7) | G (8) | H (5) | I (26) | J (3) | K (2) | L (8) | M (15) | N (11) | O (7) | P (49) | S (26) | T (10) | U (8) | V (2) | W (2)
Titlesort descending
O & M

Operation & Maintenance

OOP

Office of the Premier

Operation

The active process of utilising an asset which will consume resources such as human, utilities and materials. Operation costs are part of the life cycle costs of an asset. (Source: International Infrastructure Management Manual – Ver. 3.0 2006).

Optimised Decision Making (ODM)

A formal process to identify and prioritise all potential solutions with consideration of financial viability, social and environment responsibility and cultural outcomes. (Source: International Infrastructure Management Manual – Ver. 3.0 2006).

OSP

Organisation Support Plan

Overspending

Expenditure in excess of a voted (sanctioned) amount or a main division of a vote. (Source: Adapted from the Finance Management Act of 1999).

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