Principles of Life Cycle Costing - Glasgow

Course Outcomes:

On completion of this course attendees will:
 Understand the legal and policy context and requirements for Life Cycle Costing in procurement;
 Understand when to apply life cycle costs and relevant stakeholders;
 Be able to consider the relevant scope and apply Life Cycle Costs;
 Understand elements of costs associated with the purchase of a product or service over its life cycle;
 Apply learning to live categories/commodities/projects.

Course Content:

 Life Cycle Thinking
 Definitions: Whole Life Costs, Life Cycle Costs, Total Cost of Ownership
 Life Cycle Impacts v Life Cycle Costs
 Legal and Policy context
 Considering Life Cycle Costs – early stage strategic planning, options appraisal, evaluation
 Barriers to LCC and overcoming them
 Determining scope and data requirements – exercises using practical examples

Whilst this training event is free of charge to APUC members that book and attend the training, a fee of £100 (per delegate) will be charged to those institutions who book, but do not attend ('no-show') or for late cancellations. By reserving a place on this course, delegates confirm they have the authority to do so and in the knowledge that the institution will incur the fee in the instances outlined above.

The delegate will be required to provide invoice details after reserving their training space.