Whole Life and Life Cycle Costing

View case studies

Over a typical lifetime of a building, the operational costs are likely to be four to five times greater than the construction cost, therefore decisions made during the design and construction phases of a project can have a long lasting impact on the cost of operation of the facility.

Implementing change becomes more costly and delivers fewer benefits the further the project is within the design process.

Our FM experts are able to analyse the design details of a project and provide technical advice to support delivering the lowest whole life cost for the facility.

The best opportunities to achieve significant cost reductions in life cycle costs occur during the early concept development and design phase of any project. At this time, significant changes can be made for the least cost. At later stages of the project many costs have become “locked in” and are not easily changed.

The concept of the life cycle of an asset provides a framework to document and compare alternatives, which then can be aligned to the business strategy of the facility user.

FM Graph