Definition and demand
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The Standardised Method of Life Cycle Costing (SMLCC) looks at the whole life cost for any constructed asset and splits the periods and costs into clearly defined phases and elements. The diagram below illustrates those phases. Costs are divided initially into the following five sections: construction maintenance operation occupancy and end of life. Within the maintenance and operation elements there...Explore the subscription options here to get full access to isurv, including downloads.
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