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During the value engineering process, project owners sometimes focus more on the short-term reduction of costs instead of long-term costs. <br>
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Introduction During the value engineering process, project owners sometimes focus more on the short-term reduction of costs instead of long-term costs.
Life-Cycle Cost Analysis? The LCCA is defined as a method used to assess the total cost of running a project throughout its life cycle.
Cost & Value Optimization You might be tempted to swap the carpet for a low-quality alternative or use cheap tiles instead of ones that come with a lifetime warranty. LCCA helps you analyze how this approach can cost you more money in the long run.
Conclusion Depending on their design, the type of construction, and the materials used, buildings perform differently over time. There are several alternatives for methods and designs when it comes to construction projects. In most cases, each method provides the same results
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