@article{(Open Science Index):https://publications.waset.org/pdf/9999838,
	  title     = {Clarification of the Essential of Life Cycle Cost upon Decision-Making Process: An Empirical Study in Building Projects},
	  author    = {Ayedh Alqahtani and  Andrew Whyte},
	  country	= {},
	  institution	= {},
	  abstract     = {Life Cycle Cost (LCC) is one of the goals and key
pillars of the construction management science because it comprises
many of the functions and processes necessary, which assist
organisations and agencies to achieve their goals. It has therefore
become important to design and control assets during their whole life
cycle, from the design and planning phase through to disposal phase.
LCCA is aimed to improve the decision making system in the
ownership of assets by taking into account all the cost elements
including to the asset throughout its life.
Current application of LCC approach is impractical during
misunderstanding of the advantages of LCC. This main objective of
this research is to show a different relationship between capital cost
and long-term running costs. One hundred and thirty eight actual
building projects in United Kingdom (UK) were used in order to
achieve and measure the above-mentioned objective of the study. The
result shown that LCC is one of the most significant tools should be
considered on the decision making process.
},
	    journal   = {International Journal of Civil and Environmental Engineering},
	  volume    = {8},
	  number    = {12},
	  year      = {2014},
	  pages     = {1214 - 1218},
	  ee        = {https://publications.waset.org/pdf/9999838},
	  url   	= {https://publications.waset.org/vol/96},
	  bibsource = {https://publications.waset.org/},
	  issn  	= {eISSN: 1307-6892},
	  publisher = {World Academy of Science, Engineering and Technology},
	  index 	= {Open Science Index 96, 2014},
	}