Difference between revisions of "Life Cycle Cost (LCC) (glossary)"

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<blockquote>''The total cost of implementation and ownership of a system over its useful life. It includes the cost of development, acquisition, operation, maintenance, support, and, where applicable, disposal.'' (Mooz, Forsberg, Cotterman 2003, p 209)</blockquote>
 
<blockquote>''The total cost of implementation and ownership of a system over its useful life. It includes the cost of development, acquisition, operation, maintenance, support, and, where applicable, disposal.'' (Mooz, Forsberg, Cotterman 2003, p 209)</blockquote>
 
  
 
====Source(s)====
 
====Source(s)====
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===Discussion===
 
===Discussion===
'''This area is for the ''Glossary Term Owner'' to provide discussion on the context and uses of the term.  This is ''not'' where you should provide comments. '''  Please use the “Discussion” tab (above) to provide feedback if you are not the term owner.
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There is currently no discussion for this term.  This will be completed for SEBoK version 1.0.
 
 
Please note that if there is more than one definition, it is very important to provide information on the context of the different terms and to explain to the user why it is not possible to identify only one definition. For example, is this an emerging concept for which there is still much research to be done?  Or have two different definitions emerged as the result of two different disciplines interacting with systems engineering?
 
  
 
[[Category:Glossary of Terms]]
 
[[Category:Glossary of Terms]]

Revision as of 16:32, 17 September 2011

The total cost of implementation and ownership of a system over its useful life. It includes the cost of development, acquisition, operation, maintenance, support, and, where applicable, disposal. (Mooz, Forsberg, Cotterman 2003, p 209)

Source(s)

Mooz, H., Forsberg, K., Cotterman, H. 2003. Communicating Project Management. John Wiley and Sons.

Discussion

There is currently no discussion for this term. This will be completed for SEBoK version 1.0.