Life Cycle Costing

Life Cycle Costing includes the cost of the whole in-service phase. costfact calculates the life cycle cost of the project in terms of actual cash values and annuities and enables comparisons of alternatives. Possibly it can be shown, that a higher price of sale reduce in-service costs and hence, the total cost of ownership.

Displaying the results in diagrams enables different projects to be compared easily. Also, optimum service life of a project and the point in time, at which a project profitability change may take place, becomes directly identifiable.

The forecast of the life cycle costing input parameters contains several uncertainties. Therefore Various risk analysis and sensitivity analysis can be carried out to resolve these and answer questions such as, "what increase in the expected price of fuel will cause a profitability change in two compared projects?"