Modern building practices show little regard for energy efficiency, environmental or social impact of the built environment over their entire life cycle. Resources such as ground cover, forests, water and energy are depleted to give way to buildings. On an average, worldwide building...

The life cycle is very crucial in human life as well as any asset.its most important to note that which stage is entered in the total life of an asset. As it will require to monitor regarding additions, deletions, repairs, and maintenance to measure the performance in every stage of assets. Its...

The paper discusses a new tool to be used in public procurement by contracting authorities, namely Life Cycle Costing, in light of the efforts made at the EU level to promote green and sustainable public procurement. The authors analyse the provisions concerning Life Cycle Costing comprised in...

Purpose: This manuscript explores the link between Spare Parts Management and Total Costs of Ownership or Life Cycle Costs (LCC). Design/methodology/approach: First, this work enumerates the different managerial decisions instances in spare parts management that are present during the life cycle...

In the process of making decisions on building a single-family home, many variables of a cost nature should be taken into consideration, which will affect the total level of costs of use of the building in the long-term perspective. Life Cycle Costing (LCC) is a method that can support this...