What are Facility Life Cycle Costs?

Whether used for budgeting, project estimation, or planning-the concept of life cycle  cost is subject to a variety of definitions. The example below uses terms consistent with most U.S. federal and commercial standards.

PieChart

All the costs presented in this report were estimated using Whitestone cost tools.

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1 comment for “What are Facility Life Cycle Costs?”

  1. Gravatar of Harold MarkeyHarold Markey
    Posted Wednesday, March 21, 2012 at 12:15:39 PM

    I find this information related to Life Cycle Costing not only interesting but very valuable. I have been attempting for years to convince our Community to embrace the concept of cradle to grave budgeting, we have made some inroads but this exaple will be very helpful. Is there a report developed tyhat looks at these same type of costs in this Country, particularly South Florida? And maybe specific to Government Facilities?

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