Life-cycle cost analysis

The term differs slightly from Total cost of ownership analysis (TCOA). LCCA determines the most cost-effective option to purchase, run, sustain or dispose of an object or process, and TCOA is used by managers or buyers to analyze and determine the direct and indirect cost of an item.

The term is used in the study of Industrial ecology (IE). The purpose of IE is to help managers make informed decisions by tracking and analyzing products, resources and wastes.

In Green design Managers add their operating costs and capital to help decide the effect of an investment. The method also allows managers to determine if more investments may be needed for green buildings.

• Cost–benefit analysis
• Invitation to negotiate
• Request for proposal

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{{cite book |last1=Eltamaly |first1=Ali M. |last2=Mohamed |first2=Mohamed A. |title=Advances in renewable energies and power technologies. Volume 2, Biomass, fuel cells, geothermal energies, and smart grids |date=2018 |publisher=Elsevier Inc. |location=Amsterdam, Netherlands |isbn=978-0-12-813185-5 |pages=231–313 |url=https://www.sciencedirect.com/topics/engineering/life-cycle-costing |access-date=12 December 2022}}

{{cite journal |last1=Kubba |first1=Sam |title=Chapter 10 - Green Design and Building Economics |journal=Handbook of Green Building Design and Construction |date=1 January 2012 |pages=493–528 |doi=10.1016/b978-0-12-385128-4.00010-x |url=https://doi.org/10.1016/B978-0-12-385128-4.00010-X |access-date=12 December 2022 |publisher=Butterworth-Heinemann |isbn=9780123851284 |language=en|url-access=subscription }}

{{cite book |last1=Bearfield |first1=Domonic A. |last2=Dubnick |first2=Melvin J. |title=Encyclopedia of public administration and public policy |date=2016 |publisher=Routledge |location=Boca Raton |isbn=978-1466569096 |page=466 |edition=Third}}

{{cite journal |last1=El-Haggar |first1=Salah M. |title=Sustainable Development and Industrial Ecology |journal=Sustainable Industrial Design and Waste Management |date=2007 |pages=85–124 |doi=10.1016/B978-012373623-9/50005-8 |isbn=9780123736239 |url=https://www.sciencedirect.com/science/article/pii/B9780123736239500058 |access-date=15 December 2022|url-access=subscription }}

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{{Industrial ecology}}

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Category:Business economics

Category:Cost engineering

Category:Civil engineering

Category:Project management techniques

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