Whole Life Cycle Costing

WLC is _____ process which considers costs incurred during the design, construction, operation and ultimately disposal of a built asset.

• qualitative

• experimental

• quantitative

• descriptive

WLC & LCC are different methodologies used to support client investment decisions by providing a means of assessing

• Initial Cost

• Operational Cost

• Maintenance Cost

• Disposal Cost

It is a methodology for systematic economic consideration of all whole life costs and benefits over a period of analysis.

• Whole Life Cycle Cost

• Life Cycle Cost

• Whole Life Cycle Costing

• Life Cycle Costing

Whole Life Cycle and Life Cycle Cost Studies include the following Sub-Processes:

• Identify Whole Life Cycle Cost Factors

• Sign off and Issue WLC Study

• Undertake Desktop WLC Exercise

• Implement changes driven by WLC Study

WLC is often referred to as

(a)  

It is a sustainability rating scheme for the built environment, and an international standard that provides independent third-party certification of the assessment of the sustainability performance of individual buildings, communities and infrastructure projects.

• BRIM

• BREEAM

• BEAM

• BIM

It is the automated life cycle assessment software that helps to calculate and reduce the environmental impacts of building.

• One click LCA

• One point WLC

• One way LCC

• One direction WLC

It is an opportunity to look at circular economy benefits, as well as getting a complete picture of a building's environmental impact over its entire life.

• Whole Life Carbon Assessment

• Life Cycle Carbon Assessment

• Net Zero Carbon

• Sustainability Analysis