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Life-Cycle Costing is:

A. The concept of including acquisition, operating, and disposal costs when evaluating various alternativesB. Considers the information needs of the stakeholders

C. The term used on smaller projects when all the components of Project Cost Management are viewed as a single process

D. Used to estimate the life of the product

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Question added by Muhammad Farooq , QA-QC MANAGER , AL Bawani contracting co.
Date Posted: 2016/09/12
Md Fazlur Rahman
by Md Fazlur Rahman , Procurement Specialist , Engineering and Planning Consultants Ltd

The Option A is quite appropriate,.......................

Option (A) The concept of including acquisition, operating, and disposal costs when evaluating various alternatives

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