Life-cycle cost analysis (LCCA) is a method for assessing the total cost of facility ownership. It takes into account all costs of acquiring, owning, and disposing of a building or building system. LCCA is especially useful when project alternatives that fulfill the same performance requirements, but differ with respect to initial costs and operating costs, have to be compared in order to select the one that maximizes net savings.
The Investment Long View with the Life-cycle Cost Benefit Tool
Dear Reader: It’s not uncommon for the primary metric, when determining a go/no go decision, to be Simple Payback, which, simply put, is the total…