life cycle cost

(redirected from Whole-Life Cost)
Also found in: Financial.

life cycle cost

The cost of a building or equipment (or the like) based not only on the initial expenditure, but also on its maintenance and operating costs over its entire lifetime.
References in periodicals archive ?
Aligning their objectives right at the start of the project will allow structural, contractual and funding decisions to be aligned to the principles of whole-life cost reduction.
Lucent offers the education sector an innovative whole-life cost financial model, that ensures ongoing support costs are predictable, while maintaining the highest levels of service assurance.
With a surfaced displacement of 700 tonnes, the BMT VidarA-7 Small Modern SSK concept has been developed to deliver sovereign capability at an affordable whole-life cost.
The new implementation will lower the whole-life cost of ownership by moving from a highly customized environment to a more flexible commercial-off-the-shelf (COTS) based solution.
MINI claims that the Countryman Cooper D with CO emissions of 115g/km, BIK rating of 13%, predicted residual value of 41% and whole-life cost of 42.
By choosing a centralized approach, rather than conventional disparate repositories, New Wireless Dimension benefit from reduced whole-life cost of between 5 and 10 times and service delivery from 12 months to less than two.
It was founded by Balfour Beatty whole-life cost director Ed Bartlett and ex-4Projects head of technology Nick Graham.
AS DEPRECIATION is the greatest single whole-life cost in running any car, Nissan is boasting that the residual values of its new Juke crossover model are among the best in the industry.
It's no longer about just saving an organisation the most in the short-term, but instead looking in-depth at the whole-life costs of a given project and how that particular contract can add, and clearly demonstrate, real value to the organisation and its customers in the long-term and beyond the end of the contract.
And what is the quality of the learning environment - because we cannot lose sight of what the specifi-cation has to support: educational outcomes The fifth factor, sustainability, cuts across all of the guiding principles - especially the concept of whole-life costs.
The increase in residual value has had a positive contribution on the XTrail's whole-life costs with the new version now 10% less to run compared with the outgoing model, at just 99 pence per mile.
This increase in residual values has made a positive contribution to the X-Trail's whole-life costs, with the new version 10% less to run on a pence-per-mile basis when compared with the outgoing model.