Increasing emphasis being placed on life cycle costing studies as part of the decision-making process
BSRIA has launched its new Life Cycle Costing Guide, designed to present a simple process for the practical calculation of life cycle costs.
It includes examples to show how the different stages of the process relate to one another, to show how the results are obtained and what they really mean. Life cycle costing focuses on economic assessment using profiles of current and future costs and benefits to arrive at a discounted net present value of the life cycle costs.