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LCCEntwicklung

LCCEntwicklung is a German term formed from LCC and Entwicklung (development) and is used to describe development activities related to LCC. It is not a fixed, universal concept, and its exact meaning depends on the discipline and organization.

In engineering, construction, and manufacturing contexts, LCC commonly stands for Lebenszykluskosten (life-cycle costs). LCCEntwicklung then denotes

Typical scope includes: defining cost models and data requirements; building or configuring calculation tools; integrating LCC

Methodologies associated with LCC development often follow established standards and best practices for life-cycle costing and

See also: Life cycle costing, Lebenszykluskosten, Total cost of ownership.

the
development
of
methods,
models,
tools,
and
processes
to
calculate,
analyze,
and
reduce
these
costs
over
a
product
or
project
life
cycle.
In
other
areas,
LCC
can
have
other
meanings,
and
LCCEntwicklung
would
refer
to
developing
the
domain-specific
capabilities.
into
design,
procurement,
and
maintenance
planning;
performing
sensitivity
analyses
and
scenario
planning;
and
documenting
methodologies,
assumptions,
and
results
for
governance
and
reproducibility.
related
fields,
such
as
cost
modelling,
data
governance,
and
validation.
The
term
is
commonly
used
within
industry
projects
as
a
label
for
development
work
rather
than
as
a
standalone
standard.