life cycle costing
methodology for systematic economic evaluation of life cycle costs (3.7.47) over a period of analysis, as defined in the agreed scope
The term period of analysis is defined in ISO 15686-5:2008, 3.3.6.
Life cycle costing can address a period of analysis that covers the entire life cycle (3.6.13) or a selected stage(s) or periods of interest thereof.
ISO 15686‑5:2008, 3.1.8