life cycle costing in construction


Mohamed in Advances in Renewable Energies and Power Technologies 2018 Life Cycle Costing Method LCCLife-cycle costing LCC has recently gained the acceptance of most researchers including the national renewable energy laboratory NREL. Construction and design standards include building-code standards for PV installations design standards evaluated on life-cycle cost basis and performance requirements.


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Policy examples include Tucson Arizona which requires that commercial facilities achieve a 50 reduction in energy usage over 1995.

. Throughout the product life cycle a company can continue to use the target cost as a reference to ensure that products remain profitable. LCC also known as total life-cycle costing TLCC is the sum of all types of costs. Target costing is especially useful in industries with high levels of competition including construction healthcare and.

Marr i YYYusuf Application of Activity-Based Costing. Emblemsvag Jan Activity-based life-cycle c osting Management Auditing J ournal 161 2001 17-27.


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