Which of the following considers the total cost of ownership, or - ProProfs Discuss
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Which of the following considers the total cost of ownership, or develpment plus support costs, for a project?



A. Learning Curve Theory
B. Life Cycle Costsing
C. Parametric Modeling
D. Rate of Performance

This question is part of Project Cost Management
Asked by Aklauss, Last updated: Aug 11, 2020

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2 Answers

E. Barnes

But Can you play this?

E. Barnes, Professional Gamer, Professional Gamer, Washington

Answered May 02, 2019

The correct answer to this question is B, life cycle costsing. Also known as whole-life costing, life cycle costing is the process in which the amount of money spent on an asset over a lifetime is estimated. These costs are calculated from the time the asset is purchased until it is disposed of.

Examples of assets include stock, bonds, land, and mortgages. Asset costs go beyond the original price of it. For a home, there are many costs including such as maitenance to the home, electricity and water bills. Life cycle costsing can be calculated by estimating expenses such as the purchase, maitenance, and the disposal.

 

John Smith

John Smith

Answered Jul 27, 2017

Life Cycle Costsing
 

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