80074
Description
Mind Map by alison_patey0437, updated more than 1 year ago
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Created by alison_patey0437
almost 12 years ago
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M009 Life cycle costing
- PURPOSE
- Quantify each area of cost 4 input into a
decision marking/ evaluation process
- Quantify each area of cost 4 input into a
decision marking/ evaluation process
- LCC cover the costs defined in BS-ISO & inc
Physical, technical, economic, functional life
- BS ISO 15686 Part 5
- review over a 60 year period
- used to help informing the decision making process
- evaluation of different investment types
- Alternative design choices for individual elements or components
- Production of benchmarking data for future comparisons
- Evaluation of future costs
- evaluation of different investment types
- review over a 60 year period
- looks at 4 aspects to create a LCC
- Capital costs
- Maintenance costs
- Operation Costs
- End of life
- Capital costs
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