EN 60300-3-3:2017

Dependability management - Part 3-3: Application guide - Life cycle costing EN 60300-3-3:2017

Publication date:   Jul 12, 2017

Scope

Provides a general introduction to the concept of life cycle costing, covers all applications and particularly highlights the costs associated with dependability of the product. Explains the purpose and value of life cycle costing and outlines the general approaches involved. Identifies typical life cycle cost elements to facilitate project and programme planning. General guidance is provided for conducting a life cycle cost analysis, including life cycle cost model development. Illustrative examples are provided to explain the concepts.