Dear Reader: It’s not uncommon for the primary metric, when determining a go/no go decision, to be Simple Payback, which, simply put, is the total cost of the investment (in this case a lighting system) divided by the annual dollar savings. The better approach to determining the quality of an LED investment is to engage […]
The Investment Long View with the Life-cycle Cost Benefit Tool Read More »
Controlling costs and managing new acquisition expenses have become pivotal goals for companies over the last few years. Keen on creating shareholder value and boosting bottom lines even when economic conditions weren’t cooperating, purchasing organizations maintained a sharp eye on their organizational bottom lines as they made both long-term and one-time procurement decisions. Read More…
5 Reasons to Use Total Cost of Ownership Read More »
Stanford University has a long history of designing and constructing quality building projects. In continuing this tradition, Stanford seeks to ensure that new and renovated buildings meet student, staff, and faculty needs as effectively and efficiently as possible. To this end, Stanford’s Department of Land and Buildings has outlined a thorough Project Delivery Process (PDP)
Guidelines for LCCA Read More »
Life-cycle cost analysis (LCCA) is a method for assessing the total cost of facility ownership. It takes into account all costs of acquiring, owning, and disposing of a building or building system. LCCA is especially useful when project alternatives that fulfill the same performance requirements, but differ with respect to initial costs and operating costs,
Life-Cycle Cost Analysis Read More »
Life-Cycle Cost Benefit Analysis – Template
Life-Cycle Cost Benefit Analysis Read More »
