Meaning of life cycle costing




Life Cycle Costing


The following texts are the property of their respective authors and we thank them for giving us the opportunity to share for free to students, teachers and users of the Web their texts will used only for illustrative educational and scientific purposes only.

All the information in our site are for educational uses.

The information of medicine and health contained in the site are of a general nature and purpose which is purely informative and for this reason may not replace in any case, the council of a doctor or a qualified entity legally to the profession.


Engineering and technology

Glossary of building and construction terms


Meaning and definition of life cycle costing :


Life Cycle Costing: Each project must be treated on it's merits. The architect is clearly more aware of the wide range of client's requirements than the quantity surveyor. He is more conscious of the functioning of the building throughout its life, while the quantity surveyor has traditionally confined his interest to problems connected with the contract sum. The architect is conscious of the fact that, but perhaps not of the details of how, design decisions affect the running, operating and maintenance costs of building.For example, in considering a heating system, the capital cost of a simply installed electrical system may be very much lower than the provision of gas equipment, or an elaborate oil or solid fuel burning system, but its running costs may be so great that the initial economy achieved by reduced capital expenditure is eaten up in as few as five years or so, and the running costs thereafter could be crippling. On the other hand, the flexibility of use, obtained by local control of a gas appliance, may swing the balance in favour of gas against the cheaper general running costs of the other fuels and justify its selection on an overall assessment. Again, clients may take the view that running costs are free of tax whereas capital costs are not.This kind of consideration may be very similar to that involved in allocating the costs and deciding on the materials and equipment used in a building. By insulating the whole fabric of the building to a high standard of thermal efficiency, at a higher cost, money can be saved on the heating installation. Again, a high thermal improvement, at a low cost, to individual parts of a building, such as the roof or wall fabric, may produce the same or a better result.The first essential is to define closely the client's problem and then, and only then , attempt to provide the answers. In this way there can clearly be no preconceived ideas of the solution either technically or in terms of architectural style.Thus whilst the co-ordination of all these economic, technical and often conflicting requirements will not produce of themselves good architecture, it is hoped that the point is proved that this will never result from the purely "intuitive" meanderings of a skilful pencil.Since the former activity requires the active participation of the client, quantity surveyor and maybe other members of the building team, the time spent examining this part of the problem will have been justified. [R. Baden Hellard, ARIBA c.1960]


The meaning and definition indicated above are indicative not be used for medical and legal purposes


Source :


Web site to visit:


Author : not indicated on the source document of the above text


If you are the author of the text above and you not agree to share your knowledge for teaching, research, scholarship (for fair use as indicated in the United States copyrigh low) please send us an e-mail and we will remove your text quickly.


Fair use is a limitation and exception to the exclusive right granted by copyright law to the author of a creative work. In United States copyright law, fair use is a doctrine that permits limited use of copyrighted material without acquiring permission from the rights holders. Examples of fair use include commentary, search engines, criticism, news reporting, research, teaching, library archiving and scholarship. It provides for the legal, unlicensed citation or incorporation of copyrighted material in another author's work under a four-factor balancing test. (source:


Google key word : life cycle costing


Glossary of building and construction terms


Life Cycle Costing


If you want to quickly find the pages about a particular topic as life cycle costing use the following search engine:



Meaning and definition of life cycle costing


Please visit our home page Terms of service and privacy page




Meaning and definition of life cycle costing