• 1Prashant V Suryawanshi

Life cycle cost (LCC) is an important technique for evaluating the total cost of ownership between mutually exclusive alternatives. Life-cycle cost analysis (LCCA) is an economic method of project evaluation in which all costs arising from owning, operating, maintaining, and ultimately disposing of a project are considered to be potentially important to that decision. LCCA is particularly suitable for the evaluation of building design alternatives that satisfy a required level of building performance (including occupant comfort, safety, adherence to building codes and engineering standards, system reliability, and even aesthetic considerations), but that may have different initial investment costs; different operating, maintenance, and repair (OM&R) costs (including energy and water usage); and possibly different lives. However, LCCA can be applied to any capital investment decision in which higher initial costs are traded for reduced future cost obligations. LCCA provides a significantly better assessment of the long-term cost effectiveness of a project than alternative economic methods that focus only on first costs or on operating-related costs in the short run.

LCA Nasik

"LIFE CYCLE COST ANALYSIS OF RESIDENTIAL BUILDING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.331-337, June 2019, Available :http://www.jetir.org/papers/JETIR1906O50.pdf

"LIFE CYCLE COST ANALYSIS OF RESIDENTIAL BUILDING", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp331-337, June 2019, Available at : http://www.jetir.org/papers/JETIR1906O50.pdf