View method

LCC

Life Cycle Costing (LCC) assesses the direct and indirect costs of a product or service. Indirect costs are for example new tools needed to use the product or parts that needs to be replaced or cleaned.

Themes

Economic performance

Assessment type

Quantitative

Spatial focus of object

Mixed
Local
Anywhere

Technical Stage

Development
Commercial

Life Cycle

Cradle to grave

English available

Yes

Open Access

Yes

Object: Product
Goal: Self-assessment; Product optimisation; Sustainable purchasing; Sustainable procurement
Motivation: Improvement