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Project Life Costing is a thorough Life Cycle Cost analysis that yields a much higher level of confidence and faith in the project decisions and direction. This is part of the Project Validation calculation.
The life cycle of an asset is defined as the time interval between the initial planning for the creation of an asset and its final disposal.
Project life circle costing implies an integrated building system design to achieve overall inefficiency of the building operation from top to bottom, inside and outside
