Life Cycle Costing Advantages Disadvantages And Criticism Of This Procedure
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Life Cycle Costing Advantages Disadvantages And Criticism Of This Procedure
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Author : Roberto Niesing
language : en
Publisher: GRIN Verlag
Release Date : 2008-06-25
Life Cycle Costing Advantages Disadvantages And Criticism Of This Procedure written by Roberto Niesing and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-06-25 with Business & Economics categories.
Seminar paper from the year 2008 in the subject Business economics - Accounting and Taxes, grade: 2,0, University of Glamorgan, language: English, abstract: Sustainability is developing in as important target for an increasing number of industries and governments. Especially in a faster moving world, which is determined by quarterly period reports, a long term orientation can be a competitive advantage for unlisted companies. In the 1960 ́s the US Department of Defense began to develop a tool to handle increasing costs. They recognized that the purchase price was not the only important criteria. Training or maintaining costs had to be considered for the total cost calculation, too. However, several definitions of Life cycle costing (LCC) exist that tend to be similar: ’monitoring the cost incurred throughout a product’s life cycle’ (Woodward, 1997) or ‘LCC is the sum of all costs incurred during the life cycle of a building, system or product. It includes the costs of the project, development, and acquisition, operation, conservation and maintenance and salvage value if it exists.’ (Goralczyk, and Kulczycka, 2005). In the following essay several functions of life cycle costing will be drawn up. Furthermore, advantages, disadvantages and criticism of this procedure will be analyzed.
Life Cycle Costing Advantages Disadvantages And Criticism Of This Procedure
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Author : Roberto Niesing
language : en
Publisher: Grin Publishing
Release Date : 2017-02-24
Life Cycle Costing Advantages Disadvantages And Criticism Of This Procedure written by Roberto Niesing and has been published by Grin Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-24 with categories.
Seminar paper from the year 2008 in the subject Business economics - Accounting and Taxes, grade: 2,0, University of Glamorgan, 14 entries in the bibliography, language: English, abstract: Sustainability is developing in as important target for an increasing number of industries and governments. Especially in a faster moving world, which is determined by quarterly period reports, a long term orientation can be a competitive advantage for unlisted companies. In the 1960 ́s the US Department of Defense began to develop a tool to handle increasing costs. They recognized that the purchase price was not the only important criteria. Training or maintaining costs had to be considered for the total cost calculation, too. However, several definitions of Life cycle costing (LCC) exist that tend to be similar: 'monitoring the cost incurred throughout a product's life cycle' (Woodward, 1997) or 'LCC is the sum of all costs incurred during the life cycle of a building, system or product. It includes the costs of the project, development, and acquisition, operation, conservation and maintenance and salvage value if it exists.' (Goralczyk, and Kulczycka, 2005). In the following essay several functions of life cycle costing will be drawn up. Furthermore, advantages, disadvantages and criticism of this procedure will be analyzed.
Life Cycle Costing For Engineers
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Author : B.S. Dhillon
language : en
Publisher: CRC Press
Release Date : 2009-10-26
Life Cycle Costing For Engineers written by B.S. Dhillon and has been published by CRC Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-10-26 with Technology & Engineering categories.
Cradle-to-grave analyses are becoming the norm, as an increasing amount of corporations and government agencies are basing their procurement decisions not only on initial costs but also on life cycle costs. And while life cycle costing has been covered in journals and conference proceedings, few, if any, books have gathered this information into an
Wiley Cma Exam Review 2022 Study Guide Part 1
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Author : Wiley
language : en
Publisher: John Wiley & Sons
Release Date : 2021-11-16
Wiley Cma Exam Review 2022 Study Guide Part 1 written by Wiley and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-11-16 with Business & Economics categories.
Prepare for success on the first part of the 2022 CMA exam with this essential study aid The Wiley CMA Exam Review 2022 Part 1 Study Guide: Financial Planning, Performance, and Analytics is a comprehensive and accurate handbook designed to help you identify and master each of the competencies covered by the first part of the 2022 Certified Management Accountant exam. It includes material on: External Financial Reporting Decisions Planning, Budgeting, and Forecasting Performance Management Cost Management Internal Controls Technology and Analytics Ideal for anyone preparing for the challenging CMA series of exams, the Wiley CMA Exam Review 2022 Part 1 Study Guide: Financial Planning, Performance, and Analytics is also a perfect companion resource for early-career management accountants seeking a refresher on foundational topics they’re likely to encounter regularly at work.
Wiley Cma Exam Review 2023 Study Guide Part 1
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Author : Wiley
language : en
Publisher: John Wiley & Sons
Release Date : 2022-11-08
Wiley Cma Exam Review 2023 Study Guide Part 1 written by Wiley and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-11-08 with Business & Economics categories.
Life Cycle Costing
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Author : B. S. Dhillon
language : en
Publisher: Psychology Press
Release Date : 1989
Life Cycle Costing written by B. S. Dhillon and has been published by Psychology Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989 with Business & Economics categories.
Evaluating the cost of acquiring major pieces of equipment also necessitates costing their life maintenance. Providing coverage of recent advances in this field, this book covers such topics as reliability improvement warranty, computer hardware/software costing, and reliability engineering.
Obtaining Life Cycle Cost Effective Facilities In The Department Of Defense
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Author : Constantine Samaras
language : en
Publisher: Rand Corporation
Release Date : 2013-03-05
Obtaining Life Cycle Cost Effective Facilities In The Department Of Defense written by Constantine Samaras and has been published by Rand Corporation this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-05 with Business & Economics categories.
The Department of Defense (DoD) constructs, operates, and maintains a large number of facilities. DoD incorporates life-cycle cost-effective practices into many aspects of the military planning and construction processes. This report provides RAND's description and assessment of the process used to obtain life-cycle cost-effective facilities and how that affects DoD construction options and choices.
Proceedings Of The Xiv International Symposium Symorg 2014
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Author : Aleksandar Marković
language : en
Publisher: FON
Release Date : 2014-06-05
Proceedings Of The Xiv International Symposium Symorg 2014 written by Aleksandar Marković and has been published by FON this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-05 with Business & Economics categories.
Cost And Value Management In Projects
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Author : Ray R. Venkataraman
language : en
Publisher: John Wiley & Sons
Release Date : 2023-04-11
Cost And Value Management In Projects written by Ray R. Venkataraman and has been published by John Wiley & Sons this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-04-11 with Business & Economics categories.
Cost and Value Management in Projects Project manager’s guide to achieving cost efficiency and value optimization—thoroughly updated with new cases, examples, and problem sets The newly revised and updated Second Edition of Cost and Value Management in Projects provides project managers with a thorough understanding of the various dimensions of cost and value in projects, along with the factors that impact them and the managerial approaches for achieving cost efficiency and value optimization. Whereas most cost management books discuss the topic from a tactical perspective, such as through the use of simple budgeting or Earned Value Analysis, this Second Edition addresses cost from a strategic perspective, examining project management decision areas that have the potential to enhance value and providing an integrated framework for managing cost. The Second Edition includes updates to key topic areas such as project benefits realization, updated end-of-chapter exercises such as discussion questions and problem sets, updated case studies, and new spreadsheet analytic techniques and examples. Written by two highly qualified authors with significant experience in the field, Cost and Value Management in Projects includes information on: Value management through value planning, engineering, and analysis from the perspective of projects, and best practices on how to avoid common pitfalls in managing cost and value Organization strategy and project selection, organization structure and culture, project definition (and contracts), and estimating project times and cost Developing project plans and schedules, managing risk, scheduling resources and cost, reducing project duration, leadership, performance measurement, and project closure Attainment of value in complex environmental settings and benefits of effective project management Cost and Value Management in Projects is an essential resource on the subject for stakeholders at all corporate and government levels, including executives measuring performance, middle level corporate managers, project and team managers, engineers, project team members, and business consultants, along with students in related programs of study.
The Urban Rail Development Handbook
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Author : Daniel Pulido
language : en
Publisher: World Bank Publications
Release Date : 2018-09-11
The Urban Rail Development Handbook written by Daniel Pulido and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-09-11 with Business & Economics categories.
Cities across the globe are looking to develop affordable, environmentally friendly, and socially responsible transportation solutions that can meet the accessibility needs of expanding metropolitan populations and support future economic and urban development. When appropriately planned and properly implemented as part of a larger public transportation network, urban rail systems can provide rapid mobility and vital access to city centers from surrounding districts. High-performing urban rail services, when carefully approached as development projects, can help enhance quality of life by giving citizens access to employment opportunities, essential services, urban amenities, and neighboring communities. The purpose of this Handbook is to synthesize and disseminate knowledge to inform the planning, implementation, and operations of urban rail projects with a view towards: -- Emphasizing the need for early studies and project planning; -- Making projects more sustainable (economically, socially, and environmentally); -- Improving socioeconomic returns and access to opportunities for users; -- Maximizing the value of private participation, where appropriate; and -- Building capacity within project implementing and managing institutions This Handbook provides experiential advice to tackle the technical, institutional, and financial challenges faced by decision makers considering urban rail projects. It brings together the expertise of World Bank staff and the input of numerous specialists to synthesize international 'good practices' and recommendations that are independent of commercial, financial political, or other interests. The material presented is intended as an honest-broker guide to maximize the impact and manage the challenges of urban rail systems in cities in both developed and developing countries. Rather than identify a single approach, this Handbook acknowledges the complexities and context necessary when approaching an urban rail development by helping to prepare decision makers to ask the right questions, consider the key issues, perform the necessary studies, apply adequate tools, and learn from international good practice all at the right time in the project development process.