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>
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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, 209)</blockquote>
  
 
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===Sources===
====Source(s)====
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Mooz, H., K. Forsberg, H. Cotterman. 2003. ''Communicating Project Management.''  Hoboken, NJ, USA: John Wiley and Sons.
Mooz, H., Forsberg, K., Cotterman, H. 2003. Communicating Project Management. John Wiley and Sons.
 
  
 
===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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None.
 
 
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]]
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<center>'''SEBoK v. 2.1, released 31 October 2019'''</center>

Latest revision as of 15:04, 24 October 2019

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, 209)

Sources

Mooz, H., K. Forsberg, H. Cotterman. 2003. Communicating Project Management. Hoboken, NJ, USA: John Wiley and Sons.

Discussion

None.

SEBoK v. 2.1, released 31 October 2019