Whole life cost measures
Cost measures
The cost measures used in the whole life cost assessment are defined as follows.
Capital costs - the cost of components and their installation.
Operational and replacement costs - operational costs include planned and responsive maintenance costs (as well as component replacement where necessary) that occur in the period of the analysis.
Disposal costs - disposal costs occur when components are replaced and at the system's end-of-life. Costs may include for dismantling and removal and the cost of disposal in landfill or a positive adjustment where materials can be recycled.