The LCC method is used to make cost-effective choices for a given building, facility, or system. Emphasis is on cost effectiveness because the LCC method is used to evaluate alternatives which compete primarily on the basis of costs. Thus target performance standards are defined, and only candidates which meet the standards are considered. The LCC associated with each candidate is computed, and the candidate with the lowest LCC is the cost-effective solution. If revenue and other benefits predominate, one of the other evaluation methods, such as net benefits, is usually more appropriate than LCC.1
KeywordsCost Model Building System HVAC System Detailed Case Study Interdependent System
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