whole-life costing

methodology for systematic economic consideration of all whole-life costs (3.7.47) and benefits over a period of analysis

Note 1

The term period of analysis is defined in ISO 15686-5:2008, 3.3.6.

Note 2

The projected costs or benefits may include external costs (including, for example, finance, business costs, income from land, sale, user costs).

Note 3

Whole-life costing can address a period of analysis that covers the entire life cycle (3.6.13) or a selected stage(s) or periods of interest thereof.

Note 4

This definition should be contrasted with that for life cycle costing (3.4.16).

Bron

ISO 15686‑5:2008, 3.1.15, modified – Omitted “as defined in the agreed scope” from definition.

Norm

Titel

Buildings and civil engineering works - Vocabulary - Part 3: Sustainability terms

Paragraaf

3.4.17