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Whole-life costs

By: Series: Building ; 266(8202) 21 September 2001, 95-98(4)Publication details: 2001Subject(s): Summary: The first article in a new series looking at whole-life costs focuses on the whole-life costing of educational institutions. Considers the rationale and methodology of whole-life costing and identifies two bases of cost measurement and their application; equivalent uniform annual cost (EUAC) and total net present value (TNPV). Concludes with discussion of the advantages of establishing a strategic plan. Tables and graphs outlining whole-life costing for adult education blocks, college, nursery schools, primary schools, secondary schools and universities.

The first article in a new series looking at whole-life costs focuses on the whole-life costing of educational institutions. Considers the rationale and methodology of whole-life costing and identifies two bases of cost measurement and their application; equivalent uniform annual cost (EUAC) and total net present value (TNPV). Concludes with discussion of the advantages of establishing a strategic plan. Tables and graphs outlining whole-life costing for adult education blocks, college, nursery schools, primary schools, secondary schools and universities.