07. OPEX, CAPEX, and fiscal years

Question 1

OPEX, CAPEX, and fiscal years

OPEX

Answer 1

Operating Expense

• Ongoing expense for running a project
• OP - ON going

Question 2

OPEX, CAPEX, and fiscal years

CAPEX

Answer 2

Capital Expenditure

• Money a company spends to buy, maintain or improve its fixed assets
• CAP - Fixed start and fixed end, putting a cap on the project

Question 3

OPEX, CAPEX, and fiscal years

Business plan or Road maps

Answer 3

Built based around organisations mission statement and vision

• Typically have 1, 3 and 5 year plans and roadmaps

Question 4

OPEX, CAPEX, and fiscal years

Fiscal year

Answer 4

Budget year

• Plan budgets according to organisations fiscal year
• Business plans or road maps planned around the fiscal year