CCE 6360 - Life Cycle Cost Management and Analysis

Introduction to a general overview of building economics analysis through the application of time value of money concept. Financing strategies for construction projects and profitability analysis are introduced. The correlation of Value Engineering and Life Cycle Costing Analysis of construction projects is addressed in detail. Break Even, Sensitivity and Risk analysis are discussed due to their application importance in project Life Cycle Costing. Life Cycle Costing of infrastructure projects through the application of Assets Management is studied and the deficiencies that most transportation agencies are facing in its application are highlighted.

Credits: 3 hours

Notes: Open to Graduate students only.