Project/Product Lifecycle Costing

Decisions are to be made amongst engineering project/products alternatives. And most alternatives require huge investments over a period of time (lifecycle). For instance, there are projects with high initial investment but less periodic costs such as maintenance, and others with low initial investment but high periodic costs. Lifecycle costing analytical tool is required in choosing the most worthwhile investment over a period of time.

Using our clients cash flow statements and other factors such as futurist costs, taking into consideration time value of money, we help our clients make the best economic decisions based on the following;

  • Cost benefit analysis
  • Cost savings
  • Uniform annualized cost method

We are also into other tools and methods of lifecycle costing such as;

  • Present, future, and annual worth or value
  • Rate of return
  • Simple payback and discounted payback