- Case studies
- Projects seeking partners
- Lessons learnt
- Best practice today
- Life-cycle costing made simple
- Sustainable refurbishment
Best practice today
3. Introduce Life Cycle Costing
It is important to integrate the capital expenditure committed to a project with the operational costs involved in operating and maintaining the building or structure . Whilst this seems immediately relevant to organisations who are responsible for both types of expenditure, it has importance to the domestic sector as well - customers purchasing houses are not going to think highly of the builder if their home needs expensive maintenance soon after purchase. Conversely, well thought out homes which incur little maintenance costs are likely to be recommended. More details of how you can begin to introduce life cycle costing can be found on this page of our website.