Discounted Cash Flow and Life Cycle Costing for Construction Projects
International Journal of Operations & Production Management
ISSN: 0144-3577
Article publication date: 1 April 1985
Abstract
Life Cycle Costing (LCC) offers many advantages over other techniques but the time‐span over which the study must be undertaken and the uncertainty involved probably detract from its usefulness. However, this is one area where Discounted Cash Flow (DCF) techniques have great scope for application. The most important influences on decision making, in practice, are consistency and feedback; the challenge remains to prevent organisational decision making being resistant to new ideas and techniques.
Keywords
Citation
Neale, C.W. and Wagstaff, G. (1985), "Discounted Cash Flow and Life Cycle Costing for Construction Projects", International Journal of Operations & Production Management, Vol. 5 No. 4, pp. 55-70. https://doi.org/10.1108/eb054748
Publisher
:MCB UP Ltd
Copyright © 1985, MCB UP Limited