18 February 2009
Whole Life Costing (WLC) and Life Cycle Analysis (LCA) – are techniques which establish the total cost of procuring a product or service by considering the financial,
environmental and social costs accrued by the product or service across its whole life; from design, manufacture, distribution, use and end disposal, not just at the point of purchase. WLC and LCA techniques ensure that the environmental, social and economic issues are assessed, understood and managed.