Life cycle cost optioneering is a way of assessing alternative design options, analyzing their long-term capital and operational costs to identify those with the lowest price tag, over the entire life ...

• Life-cycle cost (LCC) – The cost of using an item in its intended application over the entire time period of expected use. LCC typically takes into account lost production and corrective maintenance ...

This brief presentation of the principles of life-cycle cost analysis is intended as background for the committee's report. Readers seeking a complete discussion of the topic should refer to the ...

A building or other constructed facility provides shelter and service to its owners and occupants over a period of years. As this period extends to decades, portions of a building may be altered, ...