Life Cycle Costs
Life cycle costs can be essentially divided into four main
stages: conception, acquisition, operation, and disposal.
In order to correctly cost and evaluate a project it is
necessary to make a prediction for each stage. Such costs
have always been an area of concern for commercial ship
owners. The reason is that ship owners are interested in
the final bottom line of profit and return on investment.
SPAR Associates' shipyard cost estimating program provides
ship owners with design trade-offs that pertain to life