2.19 Total Cost of Ownership (TCO) and Life Cycle Costing Calculation (LCC)Learning plan

What is the difference between these two calculation methods? Why are life cycle costs so important for sustainable procurement? How does this calculation work? We explain this to you in this module.

The module covers the following content:
  • Price vs. Cost
  • Total Cost of Ownership – Types & Calculation
  • Lifecycle Costing Calculation Including External Costs (whole costs)
  • External Costs - Examples
  • Natural Capital Protocol and the Integrated Profit Loss Statement

Course language: English
Course type Seminar
Learning Duration 36 Minutes
Price 160.50 EUR (incl. 7% VAT rate)
Target Group
This module is aimed at:
  • Tactical Purchasers and Supplier Managers
Learning Objectives
After having accomplished this training, the participant will:
  • Understand the difference between the total Cost of Ownership (TCO) and Life Cycle Costing Calculation (LCC)
  • Know various direct and indirect cost types and the importance to integrate external costs into price evaluations
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Examination Regulations
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