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How to do Life Cycle Costing

Life Cycle Costing is very much similar to LCA. With a tool like SimaPro, you can make an easy start.

August 03, 2012

We recommend you to read the SETAC publications Life Cycle Costing and the corresponding Code of Practice for practical information.

 

Since each organisation defines costs differently, and costs are fluctuating almost by definition, no default costs and costing methods are defined in SimaPro. You can define your own "custumized" costs and create a related Life Cycle Costing method in SimaPro. Difficult? No, it is explained in detail in this paper by our partner GreenDelta.

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