What are the costs included in project life cycle costing?
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Project Life Cycle Costing is an evaluative method that helps one in enlisting the various project costs that can occur during a period of time. This includes costs under the following three broad categories:
- Project Design and Development
- Project Operation
- Project Maintenance
That is, the initial cost, operating cost and the disposal cost.
- Project Design and Development
- Project Operation
- Project Maintenance
That is, the initial cost, operating cost and the disposal cost.
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