Difference between revisions of "Life Cycle Cost (LCC) (glossary)"
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Revision as of 17:24, 17 May 2023
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.