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Factsheets by: Paul Koltun

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Whole of life costing

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• Fact Sheet
• by Paul Koltun
• posted 10 Jul 2008

Principally, WLC can be characterised as a systematic approach balancing capital with revenue costs to achieve an optimum solution over a construction’s whole life. Costs include internal resources, they also include risk allowances as required; flexibility (predicted alterations for known change in business requirements, for example), repair costs and the costs relating to sustainability and health and safety aspects.

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