Life Cycle Costing definitions

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life-cycle costing

life-cycle costing logo #20973A method of comparing costs of equipment or buildings based on original costs plus all operating and maintenance costs over the useful life of the equipment. Future costs are discounted. ... (05 Dec 1998) ...
Found on http://www.encyclo.co.uk/local/20973

Life cycle costing

Life cycle costing logo #10444The division of a project's life cycle into seven costing stages: specification, design, make or buy, installation, start up, operating and terminal stage.
Found on http://www.encyclo.co.uk/visitor-contributions.php

Life Cycle Costing

Life Cycle Costing logo #23904An accounting method of costing where expenses are allocated over the life of the product. Life cycle costs are often lower for stainless steel than for alternatives despite a higher initial outlay, because stainless products generally last longer and require little maintenance.
Found on https://steelforge.com/literature/steelog-the-5000-word-metals-glossary/

Life Cycle Costing

Life Cycle Costing logo #23894An accounting method of costing where expenses are allocated over the life of the product. Life cycle costs are often lower for stainless steel than for alternatives despite a higher initial outlay, because stainless products generally last longer and require little maintenance.
Found on https://www.ssina.com/education/glossary/
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