LIFECYCLE COST

Systems Engineering Glossary

Systems EngineeringSystems EngineeringSystems Engineering ProcessLifecycle Model — Lifecycle Cost

 

 

 

 

 

 

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Information on Lifecycle Cost

Lifecycle cost is the total investment in the entire product development from development of the need, through functional and physical design, production and/or construction, utilisation and disposal. Lifecycle cost therefore includes all the lifecycle model costs of acquisition, training, operation, support, maintenance and disposal.


Other topics in our resources on Systems Engineering related to Lifecycle Cost include: 
 
  • Evolutionary Acquisition
  • Spiral Development Model
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