Difference between revisions of "Life Cycle Cost (LCC) (glossary)"
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<blockquote>''The total cost of implementation and ownership of a system over its useful life. It includes the cost of development, acquisition, operation, maintenance, support, and, where applicable, disposal.'' (Mooz, Forsberg, Cotterman 2003, 209)</blockquote> | <blockquote>''The total cost of implementation and ownership of a system over its useful life. It includes the cost of development, acquisition, operation, maintenance, support, and, where applicable, disposal.'' (Mooz, Forsberg, Cotterman 2003, 209)</blockquote> | ||
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Mooz, H., K. Forsberg, H. Cotterman. 2003. ''Communicating Project Management.'' Hoboken, NJ, USA: John Wiley and Sons. | Mooz, H., K. Forsberg, H. Cotterman. 2003. ''Communicating Project Management.'' Hoboken, NJ, USA: John Wiley and Sons. | ||
Revision as of 18:53, 13 September 2012
The total cost of implementation and ownership of a system over its useful life. It includes the cost of development, acquisition, operation, maintenance, support, and, where applicable, disposal. (Mooz, Forsberg, Cotterman 2003, 209)
Sources
Mooz, H., K. Forsberg, H. Cotterman. 2003. Communicating Project Management. Hoboken, NJ, USA: John Wiley and Sons.
Discussion
None.
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