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Relevance of Life Cycle Costing and Its Advantages: An International Perspective

Alessandro Fava
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Alessandro Fava: OCCAR-EA

Chapter 9 in Lebenszykluskostenmanagement, 2025, pp 133-141 from Springer

Abstract: Abstract The purpose of this work is to present the Life Cycle Cost (LCC) approach starting from the essential pertinent background, describing the LCC most relevant areas of interest including a short focus on the interaction between LCC and Integrated Logistic Support (ILS) and articulate the reasoning behind the advantages of implementing a LCC methodology. The ultimate aim of this disclose is to create awareness of the pivotal role of LCC among the stakeholders and to foster a deeper understanding of its core principles. Furthermore, insights from the Organisation for Joint Armament Co-operation (OCCAR) LCC process overview will be provided to offer an additional international perspective.

Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-658-48833-8_9

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DOI: 10.1007/978-3-658-48833-8_9

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