IS 13174 : Part 2 : 1994 Life cycle costing : Part 2 Methodology

1 Scope

This standard prescribes the methodology to work out the lifecycle cost (LCC) for each alternative and also methods to comparethe life cycle costs for different alternatives. The two methodsdescribed in this standard to calculate LCC are Present WorthMethod (PW) and Annualised Cost Method (AC).

2 Reference

IS 13174 : Part 1 :1991   Life cycle costing: Part 1 Terminology