IEC 60300-3-3 Ed. 2.0 b:2005

This part of IEC 60300 provides a general introduction to the concept of life cycle costing and covers all applications. This standard is intended for general application by both customers (users) and suppliers of products. It explains the purpose and value of life cycle costing and outlines the general approaches involved. It also identifies typical life cycle cost elements to facilitate project and programme planning.