Life Cycle Cost Analysis
eBook - ePub

Life Cycle Cost Analysis

An Economic Model for Sustainable Tomorrow

Nirjhar Chakravorti

  1. 152 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

Life Cycle Cost Analysis

An Economic Model for Sustainable Tomorrow

Nirjhar Chakravorti

Book details
Table of contents
Citations

About This Book

Life Cycle Costing (LCC) is the process of economic analysis to assess the total cost of ownership of an asset, including its cost of procurement, installation, operation, maintenance, conversion, and decommissioning.

The economic approach to assess the total cost of owning an asset or facility is known as Life Cycle Cost Analysis (LCCA). LCCA is a key economic tool for business decision-making in terms of various functional requirements, such as sustainability, asset management, supply chain management, and project management.

Every organization is a combination of various interrelated functions or departments. Every function has its own set of objectives and targets. Even though all functions try to achieve overall organizational objectives, in reality, they work to protect their functional interests as well. In many cases, it becomes detrimental to the health of the organization. This conflicting behavior increases when decisions are made on subjective considerations. When a company's strategy works on an objective platform, chances of conflict are reduced. LCCA can be used as a management decision tool for synchronizing functional conflicts by focusing on facts, money, and time.

Life Cycle Cost Analysis: An Economic Model for Sustainable Tomorrow explains a simple, innovative model to carry out LCCA, along with a unique methodology to determine how the value of money changes over a period of time.

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Information

Year
2024
ISBN
9781040009093
Edition
1
Subtopic
Operaciones

Table of contents

  1. Cover
  2. Endorsements
  3. Half-Title
  4. Title
  5. Copyright
  6. Contents
  7. Acknowledgements
  8. Author’s Biography
  9. Introduction
  10. Chapter 1 Overview
  11. Chapter 2 Purpose of Life Cycle Cost Analysis
  12. Chapter 3 Life Cycle Cost Analysis Methodology
  13. Chapter 4 Case Study for Life Cycle Cost Analysis
  14. Chapter 5 Salvage Value
  15. Chapter 6 Sample Life Cycle Cost Analysis Report
  16. Chapter 7 Project Management Decisions
  17. Chapter 8 Impact of Life Cycle Cost Analysis
  18. Chapter 9 Life Cycle Cost Analysis Experiences
  19. Bibliography
  20. Index
Citation styles for Life Cycle Cost Analysis

APA 6 Citation

Chakravorti, N. (2024). Life Cycle Cost Analysis (1st ed.). Productivity Press. Retrieved from https://www.perlego.com/book/4342545 (Original work published 2024)

Chicago Citation

Chakravorti, Nirjhar. (2024) 2024. Life Cycle Cost Analysis. 1st ed. Productivity Press. https://www.perlego.com/book/4342545.

Harvard Citation

Chakravorti, N. (2024) Life Cycle Cost Analysis. 1st edn. Productivity Press. Available at: https://www.perlego.com/book/4342545 (Accessed: 24 June 2024).

MLA 7 Citation

Chakravorti, Nirjhar. Life Cycle Cost Analysis. 1st ed. Productivity Press, 2024. Web. 24 June 2024.