Whole Lifecycle Costing

Matthew Mackey

Director - Cost & Commercial Ask me a question
A view of Wimbourne from Bronte beach

It used to be the case that once a project was ‘built’ that was all that mattered. In the modern world, clients need to understand how sustainable their investment is likely to be from a cost, as well as from an environmental, perspective.

Assessing the cost of construction of a building or facility goes a long way beyond just calculating the materials and labor. Now more than ever, it’s important to have an accurate understanding of what a development’s costs will be from the ‘cradle to the grave’.

By having a better understanding of ongoing overheads, along with future environmental and social costs of their assets allows a business to plan more accurately and have a better appreciation of their impact on the world around them.

The process of life cycle costing (LCC) fundamentally involves:

  • Assessing costs arising from an asset over its projected life cycle; and
  • Evaluating alternatives that have an impact on this cost of ownership.
An asset can be any item that has a value to an organisation over time, such as buildings, physical plant and equipment and even computer software.

Our people have an in-depth understanding of all aspects of lifecycle costing, helping you effectively plan your asset’s future.

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Matthew Mackey

Director - Cost & Commercial Ask me a question
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