Life cycle cost optioneering is a way of assessing alternative design options, analyzing their long-term capital and operational costs to identify those with the lowest price tag, over the entire life ...
• Life-cycle cost (LCC) – The cost of using an item in its intended application over the entire time period of expected use. LCC typically takes into account lost production and corrective maintenance ...
This brief presentation of the principles of life-cycle cost analysis is intended as background for the committee's report. Readers seeking a complete discussion of the topic should refer to the ...
The idea that life-cycle costs can be controlled and minimized has wide appeal, but life-cycle cost analysis has not been consistently applied in the design and management of buildings. A variety of ...