On Life Cycle Costing Technology as an Engineering Discipline

Abstract

This document describes an argument and its basis of which Lcc (Life cycle costing) method shall be a discipline as a current engineering technology under modern industry application. And historical progress of this method is briefly introduced for understanding of this study and also discussed the several issues on implementing this method into the current industrial practices. Additionally, objective systematic approach is proposed as optimized conditions and its environment for Lcc application with anticipated expectation of significant benefits for all industries and also social services and national services.