D2: Life Cycle Cost Analysis
Wednesday - Thursday, June 19-20, 2019
Instructor: Larry Dysert, CCP CEP DRMP FAACE
Larry is the Managing Partner of Conquest Consulting Group (CCG). Larry has been actively involved in many of CCG's consulting areas, including providing cold-eyes estimate reviews, estimate preparation, cost engineering organizational development, project controls, risk management and training.
Larry has over thirty-eight years of project estimating, management, consulting, and training experience in the chemical, petroleum, oil sands, high technology, manufacturing, and construction industries. Larry was a Lead Estimator with Intel Corporation, a Senior Project Estimator with Eastman Kodak Company, and a Senior Estimator with Fluor Corporation.
Larry is a frequent presenter and author on estimating and cost engineering topics. Larry is a Certified Cost Professional, Certified Estimating Professional, and Decision and Risk
Management Professional. Larry is also an Award of Merit recipient, Honorary Lifetime Member, and Fellow of AACE International. Larry is currently the Vice-President of the Technical Board for AACE International.
Life Cycle Cost Analysis (LCCA) is an economic evaluation in which all of the costs involved in
asset ownership including procurement, construction, operation, maintenance, and eventually
disposal are considered to support decision-making. LCCA is particularly useful in the
evaluation of the total cost of ownership between competing alternatives. The objective of this
course is for each participant to gain an understanding of the terminology, elements, process
steps, calculations, and evaluations involved in performing life cycle cost analysis.
Key Learning Objectives
Develop an understanding of Life Cycle Cost Analysis, and position the participants to be
better prepared to support their organizations in improving project decision making based on
the evaluation of value across the asset life cycle.
Asset Management, Objectives of Life Cycle Analysis, Life Cycle Cost Methodology, Value-
Based Decision Making, Total Cost Management