Life-Cycle Cost Analysis
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. For example, LCCA will help determine whether the incorporation of a high-performance HVAC or glazing system, which may increase initial cost but result in dramatically reduced operating and maintenance costs, is cost-effective or not. LCCA is not useful for budget allocation.
Lowest life-cycle cost (LCC) is the most straightforward and easy-to-interpret measure of economic evaluation. Some other commonly used measures are Net Savings (or Net Benefits), Savings-to-Investment Ratio (or Savings Benefit-to-Cost Ratio), Internal Rate of Return, and Payback......
View the rest of this paper...
Approximate Word Count: 3635
Approximate Pages: 15 (250 words per double-spaced page)
Why should you join Frat Files?
- - It's safe, secure, and private.
- - Instant access to over 100,000 papers. New papers are added hourly.
- - Fast and reliable customer support.
Similar Essays
-
Life-Cycle Cost Analysis
Life-cycle cost analysis 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
-
Cost Benifit Analysis
Cost Benifit Analysis Cost-benefit analysis of infrastructure projects in an enlarged European Union: an incentive-oriented approach. May 2003 Draft-comments are welcome Keywords:
-
Cost/Benefit Analysis Of Cigarette Smoking
Cost/Benefit Analysis of Cigarette Smoking Introduction The overall economic costs of smoking cigarettes has become somewhat of an epidemic in society for a variety of reasons. It
-
Cost Benefit Analysis
cost benefit analysis How do we conduct a cost-benefit analysis to determine return on investment for training programs? One of the most important aspects of training from an
-
Cost Benefit Analysis And Energy Consumption Of
Cost Benefit Analysis and Energy Consumption of Cost Benefit Analysis and Energy Consumption of Scrap Tire Management Options Jorge Sousa, Ph.D. Recipav, R. Luis de Camones, n
Frat Files
Members
Information
© 2009 FratFiles.com.