Sustainability in Dubai | Carbon Estimate in Dubai | Life Cycle Costing in Dubai

April 11, 2024 1 Min read Views 18 NEWS

Life Cycle Costing (LCC) is a method used to assess the total cost of ownership of an asset or a project throughout its entire life cycle, from acquisition to disposal. This approach takes into account not only the initial purchase cost but also the costs associated with operation, maintenance, and disposal over the asset’s useful life.

In Dubai, where infrastructure development and real estate projects are significant, Life Cycle Costing plays a crucial role in decision-making processes. For large-scale projects such as building construction, transportation infrastructure, or utility systems, considering the life cycle costs helps in making informed decisions regarding investment, design, and maintenance strategies.

Tags: Sustainability in Dubai | Carbon Estimate in Dubai

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