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Life-cycle costing (LCC) means considering all the costs that will be incurred during the lifetime of the product, work or service. For further details on how LCC approaches can be used, see Article 68 of Directive 2014/24/EU and Article 83(2) of Directive 2014/25/EU .]
16 Απρ 2020 · LCC is found to positively propel LCM in many ways e.g., by spreading the life cycle idea, but may lead to a narrower understanding of the term life cycle resulting in the sustainability focus of LCM being overridden.
2 Σεπ 2017 · Literature features a multitude of terms synonymous to LCC to describe costing across the life cycle of a product, a system or a project, including Through-Life Costing (TLC), Whole-Life Costing (WLC) and Total Cost of Ownership (TCO).
LIFE-CYCLE COSTING IN PUBLIC PROCUREMENT IN HUNGARY © OECD 2022 This chapter introduces the concept of life-cycle costing (LCC) and its links to the wider sustainable procurement agenda. It looks at the definition of LCC and how it has emerged as a tool for both cost savings and reducing environmental impact.
Through methods such as life cycle assessment (LCA) and life cycle costing (LCC), the environmental and monetary flows of a product or service that passes through different life cycle stages and stakeholders can be mapped.
27 Απρ 2019 · Life cycle cost (LCC) analysis is a method for calculating the total cost of ownership of an asset (e.g., a building) over its entire useful life span. It is also referred to as “cradle to grave” cost analysis and is related to life cycle assessment (LCA).
LCC, in its fullest and purest form, attempts to measure and monetize the total cost of a product throughout its entire life cycle (extraction, production/manufacturing, packaging, distribution and disposal), though methodologies, scoping and terminology remain diffuse and in their infancy.
