Whole life costing
Whole life costing can be defined as “a technique used to assess the total cost of an asset over its whole life, taking account of its initial cost and the costs of its operation, maintenance, repair, upgrade and disposal” (CIPS, 2021)
Join CIPS, for your career, and the profession.
Access a wealth of exclusive member-only content, resources, and tools to enhance your career development.
JOIN TO UNLOCK CONTENT