![Introduction To Life Cycle Costing (LCC)](https://cdga-training.com/uploads/courses/48.png)
This course covering the use of Life-Cycle Cost (LCC) analyses to communicate solutions to management and members of the financial community. LCC evaluates many alternatives to identify the alternative with the least total cost of ownership. Evaluations are based on the entire cost of ownership including design, procurement, installation, maintenance, repair, and disposal costs. LCC analyses are based on the concept of Net Present Value (NPV) and can be discrete or probabilistic in nature. Participants will learn how to put reliability engineering skills into financial accounting terms. Each attendee will also learn techniques to perform real-world studies to evaluate the sensitivity of assumptions and uncertainties in the LCC model.
By the end of this course delegates will be able to:
Plant, equipment and reliability engineers, supervisors, and managers with little or no previous financial experience
Introduction to the Basics of Finance in Reliability
How to Do Life Cycle Costing
Introduction to Time Value of Money (TVM)
Time Value Analysis and Life Cycle Decision Making
Plant Equipment Project Analysis
Driving Improvement with Life Cycle Cost
CDGA attendance certificate will be issued to all attendees completing minimum of 80% of the total course duration.
Code | Date | Venue | Fees | Register |
---|---|---|---|---|
MI147-04 | 03-11-2024 | Cairo | USD 5450 |
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