EN 60300-3-3:2004

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.