Difference between revisions of "Life Cycle Cost (LCC) (glossary)"
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Latest revision as of 23:20, 2 May 2024
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.